Question
ABC Company wants to value its company using the multiples method, based on ABC's earnings and on the average P/E Ratio of 3 public companies.Use
ABC Company wants to value its company using the multiples method, based on ABC's earnings and on the average P/E Ratio of 3 public companies.Use the information below to calculate the value of ABC Company (Do not include $ in the answer - for example $123,456 would be entered as 123456).
ABC Net Profit$5,583,490
P/E Ratio
Public Company 114.6
Public Company 212.5
Public Company 310.4
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Financial Theory and Corporate Policy
Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri
4th edition
321127218, 978-0321179548, 321179544, 978-0321127211
