Question
Consider a company with trailing EPS of $4 and forecasted next year EPS of $5. If comparable companies are trading at a forward PE
Consider a company with trailing EPS of $4 and forecasted next year EPS of $5. If comparable companies are trading at a forward PE multiple of 20, what's the estimated value of this company's shares using relative valuation?
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Financial accounting
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
IFRS Edition
9781119153726, 978-1118285909
