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Allan is evaluating the stock of Alpha Ltd and gathers the following information regarding the company and its two closest competitors, Beta Ltd and Gamma

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Allan is evaluating the stock of Alpha Ltd and gathers the following information regarding the company and its two closest competitors, Beta Ltd and Gamma Ltd: Company P/B Ratio Forecasted ROE Beta Alpha Ltd 2.15 Beta Ltd 2.90 Gamma Ltd 2.15 16.25% 14.85% 12.60% 0.90 1.20 1.20 Based on the given information, the stock of Alpha Ltd is most likely Select one: a. Undervalued. b. Fairly valued O c. Overvalued

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