The bigger the enterprise value multiplier, the better. According to relevant data, the greater the value multiplier, the greater the financial leverage representing the company's external financing, the smaller the proportion of capital invested by shareholders, and the greater the financial leverage, the company will bear greater risks. The greater the asset-liability ratio, equity multiplier and debt-equity ratio, the higher the financial leverage ratio and the heavier the debt. But it doesn't mean that the lower the equity multiplier, the better. If the company's operating conditions are on the rise, the higher the equity multiplier, the higher the debt level of the enterprise, which can bring greater financial leverage income to the enterprise and have a positive incentive effect on the company's stock value. So there should be a reasonable interval, not too high, but not too low.