Question
Precision Car Parts (PCP) has a book value of equity of $12,000 and 10,000 shares outstanding. Use the below information on similar firms to estimate
Precision Car Parts (PCP) has a book value of equity of $12,000 and 10,000 shares outstanding. Use the below information on similar firms to estimate the value of one share of PCP.
| Company | MV | Book |
| Name | Equity | Value |
| Alcoa | $13,637 | $10,599 |
| LISI | $1,332 | $709 |
| ThyssenKrupp | $9,460 | $3,182 |
| Allegheny Technologies | $1,804 | $2,598 |
| Carpenter Technology | $1,627 | $1,326 |
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Environmental Finance And Investments
Authors: Marc Chesney, Jonathan Gheyssens, Anca Claudia Pana, Luca Taschini
2nd Edition
366248174X, 978-3662481745
