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Estimate the price per share value of ABC Corporation using ( Price/Earnings (P/E) and (x) Market-to-Book (M/8) ratios of comparable companies. Follow the process and

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Estimate the price per share value of ABC Corporation using ( Price/Earnings (P/E) and (x) Market-to-Book (M/8) ratios of comparable companies. Follow the process and fill in the shaded cells below. Company Book value of equity (total) Earnings (total) Shares outstanding ABC Corp. $ $ 3,000,000 500,000 1,000,000 Comparable 123 Corp 456 Corp Stock price $50 $140 BV equity (per share) $10 $20 EPS $2 $4 Step 1 Step 2 Step 3 Step 4 Steps Price/Earnings123 Price/Earnings456 Average P/E of comparables EPS of ABC Implied price of ABC based on P/E of comparables Step 1 Step 2 Step 3 Step 4 Step 5 Fill in steps here Fill in steps here Fill in steps here Fill in steps here Implied price of ABC based on M/B of comparables

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