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Alternatively, put Cadbury's forward earnings on a multiple of 15.5 times — a justifiable premium to the market given Cadbury's double-digit compound earnings growth ahead — and it's worth 682 pence on its own.
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Moreover, it says, caps on premiums can delay justifiable rate increases and "result in higher future rate increases or threaten insurer solvency".
The 30 percent premium Barrick is offering Equinox shareholders looks justifiable only if the market is "understating" copper assumptions as much as Barrick's boss, Aaron Regent, says it is.
Another bet is that the core customers for these airlines have been traveling more frequently to and from Europe, at least for now, and that the extra cost for a premium seat will continue to be seen as justifiable.
For justifiable business reasons, The Times clearly does not want to turn down premium home page advertising, but it also wants to, and needs to, protect its reputation for quality.
I sympathize with the international buyers who are paying huge premiums because of the slow Apple rollout— spending $200, $500 more for an iPad is outrageous but justifiable in the context of scarcity.
Justifiable pleasure?
Justifiable favourites?
Is that justifiable?
Or at least justifiable.
Is homicide ever justifiable?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com