Annualized holdings?

LEETSD

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Hi all,

Can anyone give me an explanation as to what "annualized holdings" means?

I saw it referred to in at Times article as follows:-

"At 202¼p, or 13 times annualised holdings, the shares are worth holding, says the Times. "

Is this a Typo? or can you give me an explanation?

Many thanks

LEETSD
 
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