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P 10-19 (similar to) Suppose Rocky Brands has earnings per share of $242 and EBITDA of $20.5 million. The firm also has 5.7 milion shares

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P 10-19 (similar to) Suppose Rocky Brands has earnings per share of $242 and EBITDA of $20.5 million. The firm also has 5.7 milion shares outstanding and debt of $115 million (not of cash) You believe Jared's Outdoor Corporation is comparable to Rocky Brands in terms of its underlying business, but Jared's has no debt. Jared's has a P/E of 12.9 and an enterprise value to EBITDA multiple of 74, estimate the value of Rocky Brands stock using both multiples. Which estimate is likely to be more accurate? Rocky Brands' stock value by using the P/E ratio is $ 31.22 per share. Round to two decimal places) The value of Rocky Brands by using the Emotio a $ 1780 millon (Round to one decimal place) The value of Rocky Brands by using the EBITDA ratio is $ 3 million. (Round to one decimai place.) Rocky Brands stock value by using the EBITDA ratio is $ per share (Round to two decimal places)

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