If you're measuring the LTV of your pipeline, then yes.
The challenge is measuring duration (retention length) -- especially early on when campaigns are typically run single threaded and have an outsized impact on LTV of individual cohorts. I.e. My company is 18 months old - what's my LTV?
One approach is factoring in the period-churn-rate (if measuring MRR then considering monthly churn). But again, modeling isn't always super defensible.