Question
Cracker Barrel has the following financial information: Sales: 2.532 Billion Net income: 0.243 Billion Free Cash Flows: 0.2475 Billion Total Equity: 0.4183 Billion Price Per
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Cracker Barrel has the following financial information:
Sales: 2.532 Billion
Net income: 0.243 Billion
Free Cash Flows: 0.2475 Billion
Total Equity: 0.4183 Billion
Price Per Share: $135.16
Shares Outstanding: 0.02373 Billion
Benchmarks:
Price / Earnings: 24.51
Price / FCF: 17.90
Price / Sales: 3.04
Price / Book: 4.30
Given the provided information calculate the comparable valuation price for Cracker Barrel based on Price / Book. (Round to 3 decimals)
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
8th edition
013342362X, 978-0133423624
