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In July 2013, Nike had EPS of $2.52 and a book value of equity of $12.48 per share Table 2 NameMarket Enterps P/E Price/Bo Enterpris

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In July 2013, Nike had EPS of $2.52 and a book value of equity of $12.48 per share Table 2 NameMarket Enterps P/E Price/Bo Enterpris Enterpris e Value/ Value/Sa EBITDA Cap ( e Value million) (S ok a. Using the average P/E mulitple in Table 2, estimate Nike's share price million Nike, Inc Adidas AG Puma AG Wolverine World Wide Steven 55,970 54,023 23,105 23,317 4,085 93,981 23.29 5.07 32.333.06 70.56 1.96 37.6 4.13 2.03 120 0.96 1.22 15.71 11.88 9.34 9.28 b. What range ofshare prices do you estimate based on the highest and lowest P/E multiples in Table 2? Higest: Lowest 4,330 2,3202,140 18.4 3.68 1.74 10.70 Ltd ,990,923 16.74 2.67 1.36 8.73 Outdoor Corp Crocs, Inc. c. Using the average price-to-book value mlutiple in Table 2, estimate Nike's share price 1,470 1,240 1146 2.4 1.10 6.74 1,3401,213 6741 1.54 325 16.53 1.71 14.92 2.31 0.78 1.11 1.19 18.16 d. What range of share prices do you estimate based on the highest and lowest price-to-book value mulitples in Table 2? US.A Weyco Group R. G. Barry Corp. Higest: 301 9.69 Lowest 197 174 6.44 Rocky Brands, Inc 113 132 12.46 0.89 0.58 6.61 In July 2013, Nike had EPS of $2.52 and a book value of equity of $12.48 per share Table 2 NameMarket Enterps P/E Price/Bo Enterpris Enterpris e Value/ Value/Sa EBITDA Cap ( e Value million) (S ok a. Using the average P/E mulitple in Table 2, estimate Nike's share price million Nike, Inc Adidas AG Puma AG Wolverine World Wide Steven 55,970 54,023 23,105 23,317 4,085 93,981 23.29 5.07 32.333.06 70.56 1.96 37.6 4.13 2.03 120 0.96 1.22 15.71 11.88 9.34 9.28 b. What range ofshare prices do you estimate based on the highest and lowest P/E multiples in Table 2? Higest: Lowest 4,330 2,3202,140 18.4 3.68 1.74 10.70 Ltd ,990,923 16.74 2.67 1.36 8.73 Outdoor Corp Crocs, Inc. c. Using the average price-to-book value mlutiple in Table 2, estimate Nike's share price 1,470 1,240 1146 2.4 1.10 6.74 1,3401,213 6741 1.54 325 16.53 1.71 14.92 2.31 0.78 1.11 1.19 18.16 d. What range of share prices do you estimate based on the highest and lowest price-to-book value mulitples in Table 2? US.A Weyco Group R. G. Barry Corp. Higest: 301 9.69 Lowest 197 174 6.44 Rocky Brands, Inc 113 132 12.46 0.89 0.58 6.61

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