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Company 1. Share price = $129.605, earnings = $8.05 Company 2. Share price = $50.554, earnings = $3.22 Company 3. Share price = $101.269, earnings

Company 1. Share price = $129.605, earnings = $8.05
Company 2. Share price = $50.554, earnings = $3.22
Company 3. Share price = $101.269, earnings = $6.29
Assuming that the company you are analyzing is typical for its industry and that the forward earnings estimate for the company is $3.93, what is your estimate for the appropriate price of the company's share?

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