The assumption is that growth in internet penetration , viewing hours and revenue-per-minute will , over time , outpace the growth in costs for bandwidth , server depreciation and content amortisation .

他们认为，假以时日，互联网渗透率、浏览时长和每分钟收入的增长，必将超过带宽、服务器折旧和视频内容摊销等项成本的增长。

The limbo has left them trading at an average price to earnings before interest , tax , depreciation and amortisation ratio of three times half the level of the nasdaq and a third below their local equivalent .

长期停滞使这些公司以息税折旧及摊销前利润（ebitda）计算的平均市盈率为3倍，只有纳斯达克（nasdaq）一半的水平，比当地同行的水平低了三分之一。