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78 Question 1.3 79 What is the value of Volkswagen stock using P/E multiples valuation? 80 81 Price per share using 2008 and forward-looking EPS:

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78 Question 1.3 79 What is the value of Volkswagen stock using P/E multiples valuation? 80 81 Price per share using 2008 and forward-looking EPS: 82 \begin{tabular}{|l|l|} \hline 83 & \\ \hline 84 & \\ \hline 85 & \\ \hline 86 & Stock Price (May 7th, 2009) \\ \hline 87 & 181.20 \\ \hline 88 & 181.20 \\ \hline 80 & \\ \hline 0 & \\ \hline \end{tabular} \begin{tabular}{|l|c|c|c|} \cline { 2 - 4 } \multicolumn{1}{c|}{} & EPS (2008) & EPS (2009 forecast) & EPS (2010 forecast) \\ \hline Volkswagen & 11.94 & 3.99 & 5.54 \\ \hline \end{tabular} Volkswagen AG E p. Sant a C Verona (24)4} 78 Question 1.3 79 What is the value of Volkswagen stock using P/E multiples valuation? 80 81 Price per share using 2008 and forward-looking EPS: 82 \begin{tabular}{|l|l|} \hline 83 & \\ \hline 84 & \\ \hline 85 & \\ \hline 86 & Stock Price (May 7th, 2009) \\ \hline 87 & 181.20 \\ \hline 88 & 181.20 \\ \hline 80 & \\ \hline 0 & \\ \hline \end{tabular} \begin{tabular}{|l|c|c|c|} \cline { 2 - 4 } \multicolumn{1}{c|}{} & EPS (2008) & EPS (2009 forecast) & EPS (2010 forecast) \\ \hline Volkswagen & 11.94 & 3.99 & 5.54 \\ \hline \end{tabular} Volkswagen AG E p. Sant a C Verona (24)4}

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