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  "documentTitle": "Pershing Square | Activist Presentation Deck | 45 slides",
  "authorId": "pershing-square",
  "authorName": "Pershing Square Capital Management",
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  "presentationDate": "2013-05-01 00:00:00",
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  "function": "compare_peers",
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  "nDataPoints": 8,
  "notes": "The chart highlights P&G's lower valuation relative to competitors like Church & Dwight, Clorox, Colgate, Kimberly-Clark, L'Oréal, and Unilever.",
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      "text": "Even if P&G is unable to achieve its underlying earnings potential, we believe there is little downside in the stock as it trades at a discount to peers, despite having the largest cost opportunity in the sector",
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      "text": "CY 2013 P/E Multiples",
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      "text": "Note: CY 2013E EPS per CapIQ.",
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      "text": "Valuation: Limited Downside",
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