Question
ABC Corp. has book value of equity of $3 million, earnings of $500,000 and 1 million shares outstanding. You have the following data on
ABC Corp. has book value of equity of $3 million, earnings of $500,000 and 1 million shares outstanding. You have the following data on comparable companies: Comparable Stock price BV equity (per share) $10 $20 123 Corp. 456 Corp. $50 $140 EPS $2 $4 Using only the data available, estimate the per share value of ABC.
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
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