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ANZs price-to-earnings (PE) ratio is 10.1, while National Australia Banks (NAB) PE ratio is 11.74. If you believe that NAB is fairly priced and ANZ
ANZs price-to-earnings (PE) ratio is 10.1, while National Australia Banks (NAB) PE ratio is 11.74. If you believe that NAB is fairly priced and ANZ should have the same PE ratio as NAB, find ANZs PE-multiple-estimated share price, and state whether ANZ appears over- or under-priced using this valuation method
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Global Financial Accounting And Reporting Principles And Analysis
Authors: Walter Aerts, Peter Walton
5th Edition
1473767121, 9781473767126
