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18 0.9 points eBook Print eferences Beagle Beauties engages in the development, manufacture, and sale of a line of cosmetics designed to make your dog
18 0.9 points eBook Print eferences Beagle Beauties engages in the development, manufacture, and sale of a line of cosmetics designed to make your dog look glamorous. Below you will find selected information necessary to compute some valuation estimates for the firm. Assume the values provided are from year-end 2021. Also assume that the firm's equity beta is 1.60, the risk-free rate is 2.50 percent, and the market risk premium is 9.0 percent. Dividends per share Return on equity Book value per share 2021 value per share Average price multiple Forecasted growth rate $ 2.20 11.50% Using PE ratio Using P/CF ratio Using P/S ratio $ 18.25 Earnings $ 5.00 13.10 13.56% Share Price Cash Flow $ 6.50 9.50 11.33% Sales $25.65 2.44 Using the PE, P/CF, and P/S ratios, estimate the 2022 share price for Beagle Beauties. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. 7.36%
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