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Please tell me the formula about how to calculate the P/E and P/B Assuming that Novartis AG (NVS) has an EPS of $3.35, based upon

Please tell me the formula about how to calculate the P/E and P/B image text in transcribed

Assuming that Novartis AG (NVS) has an EPS of $3.35, based upon the average P/E ratio for its competitors, Novartis' stock price is closest to: A) $13.00 B) $31.86 C) $43.47 D) $44.35 Explanation: Novartis' stock price = 3.35 times 13.24 = $44.35

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