n analyst gathered the following information regarding Jemco Pharmaceuticals' stock: - Current stock price =$14.00 - Book value per share =$4.25 - Return on equity =16% - Sustainable growth rate =2%. - Required return on equity =11% a. The stock's actual P/B multiple is: Round your answer to two decimals b. The justified P/B multiple based on forecasted fundamentals is: Round your answer to two decimals c. How the stock is valued on a relative basis (choose the correct one) undervalued overvalued fairly valued n analyst gathered the following information regarding Jemco Pharmaceuticals' stock: - Current stock price =$14.00 - Book value per share =$4.25 - Return on equity =16% - Sustainable growth rate =2%. - Required return on equity =11% a. The stock's actual P/B multiple is: Round your answer to two decimals b. The justified P/B multiple based on forecasted fundamentals is: Round your answer to two decimals c. How the stock is valued on a relative basis (choose the correct one) undervalued overvalued fairly valued