Cloud Exuberance Index as of 2022-06-30

This index is something I created for my own amusement. I’m posting it here in case you are
interested. The Law of Small Numbers says beware attaching any predictive value to this graph.

The multiple for any month is compared to the multiple in the base month ending 12/31/2019.
Data is from the BVP Cloud Index site which uses EV/Annualized Revenue to get the average multiple
for EMCLOUD Index constituents.

Same process is used for the EMCLOUD Index. Compares any month to the base month ending 12/31/2019.