Oliver Learning is a retailer focused on education supplies. The company has a book value of $$52\mathrm{.}78$ per share. Oliver Learning has a PB ratio of $8\mathrm{.}80$ and the education supplies industry PB ratio is $6\mathrm{.}46.$

Assuming that comparable industry companies are priced correctly the intrinsic value of Oliver Learning$$s equity per share is:

Select one:

a$.$ Overvalued $$123\mathrm{.}51$ per share

b$.$ Priced correctly

c$.$ Undervalued $$123\mathrm{.}51$ per share

d$.$ Overvalued by $$52\mathrm{.}78$ per share