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General Mills has the following financial information: Sales: 16.87 Billion Net income: 1.75 Billion Free Cash Flows: 2.27 Billion Total Book Equity: 7.37 Billion Price
General Mills has the following financial information:
Sales: 16.87 Billion
Net income: 1.75 Billion
Free Cash Flows: 2.27 Billion
Total Book Equity: 7.37 Billion
Price Per Share: $60.15
Shares Outstanding: 0.6061 Billion
Benchmarks:
Price / Earnings: 19.52
Price / FCF: 12.93
Price / Sales: 2.01
Price / Book: 2.92
Given the provided information, calculate the comparable valuation price for General Mills based on Price / Book Equity. (Round to 3 decimals)
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