Oliver Learning is a retailer focused on education supplies. The company has a book value of $$39\mathrm{.}58$ per share. Oliver Learning has a PB $($Price$-$to$-$book$)$ 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:

Question $5$ options:

Undervalued $$92\mathrm{.}62$ per share

Overvalued by $$92\mathrm{.}62$ per share

Priced correctly

Overvalued $$39\mathrm{.}58$ per share