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Drill-Baby-Drill Inc. (DBD) is a U.S.-based natural gas and oil company. It has a P/E ratio of 14. The average P/E ratio of U.S. natural

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Drill-Baby-Drill Inc. (DBD) is a U.S.-based natural gas and oil company. It has a P/E ratio of 14. The average P/E ratio of U.S. natural gas and oil producers of similar size to DBD is 12. Angry-Birds Inc. (ABR) develops, produces, and sells drones for the consumer market. It has a P/E ratio of 100. The average P/E ratio of consumer drone producers of similar size to ABR is 180. Which firm is more likely to be undervalued (defined as the firm's market value of equity being lower than the equity's intrinsic value)? Please provide the reasoning behind your

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