三、正常化后的盈利能力（Normalized Earning Power） 下面这部分主要解决PBF在行业处于一般水平时候的正常盈利能力（Normalized EBIT orNormalized EBITDA）。
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normalized earning power
标准化盈利能力
以上为机器翻译结果，长、整句建议使用 人工翻译 。
Last week, it felt as if this scenario was beginning to be tested as investors seemed to begin to value stocks not on recession earnings, but rather on normalized earning power over the next recovery cycle.
FORBES: Manic Depression To Normalization
Earning power in any normalized environment is extremely leveraged to the upside.
FORBES: Magazine Article
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