Question

Valuation with pricelearnings multiples For the firm shown in the following table, use the data given to estimate its common
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Answer #1
Given,
Expected EPS $3.47
P/E multiples 7.8
We know,
P/E multiples= Price per share/Earning per share
Substituting the values,
7.8= Price per share/3.47
Price per share=(7.8*3.47)
$27.066
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