Financial math problem. If you can show me step by step that would be awesome. You have a RROR of 10.45% and believe this is consistent with other investors. You are evaluating a company whose earnings next year are expected to be 18.40 per share. You observe that the average peer has a PE ratio of 22.88. While your company has a similar payout ratio to peers of 42%, your company has an ROE 2.45% higher than peers. Estimate the intrinsic value.