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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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