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If an Indian small cap firm decides to go public in the U.S. over-the-counter market, which price/earnings would you use to estimate the IPO offer

If an Indian small cap firm decides to go public in the U.S. over-the-counter market, which price/earnings would you use to estimate the IPO offer price for the firm?

  • A BSE Sensex (Bombay Stock Exchange)
  • B NASDAQ composite return
  • C NASDAQ/NYSE, large cap return
  • D NASDAQ/NYSE, small cap return
  • E London Stock Exchange FTSE, all shares

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