Stora Enso Oyj (Helsinki Stock Exchange: STERV) is an integrated paper, packaging, and forest products company headquartered

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Stora Enso Oyj (Helsinki Stock Exchange: STERV) is an integrated paper, packaging, and forest products company headquartered in Finland. In its fiscal year ended 31 December 2012, Stora Enso reported net sales of €10,814.8 million and had 788.6 million shares outstanding. Calculate the P/S for Stora Enso based on a closing price of €6.72 on 16 September 2013.

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Equity Asset Valuation

ISBN: 9781119850519

3rd Edition

Authors: Jerald E Pinto, CFA Institute

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