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Based on the information in the table, what is the share price when the price to book (P/B) multiple of a comparable company is 2.5x?

Based on the information in the table, what is the share price when the price to book (P/B) multiple of a comparable company is 2.5x?

Income Statement Millions
Sales $3,000
EBITDA $2,200
EBIT $1,750
Net Income $1,100
Balance Sheet Millions
Cash and Cash Equivalents $120
Short Term Interest Bearing Debt $210
Long Term Interest Bearing Debt $850
BV Equity $1,500
Shares Outstanding in Millions 100
Share Price

$57.1

$24.2

$45.4

$37.5

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