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Question 17 A private biotech company is projected to generate earnings per share of $1.0 next year. The table below provides key characteristics of comparable

Question 17

A private biotech company is projected to generate earnings per share of $1.0 next year. The table below provides key characteristics of comparable biotech companies. What is your estimate of this companys price per share using relative valuation?

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A.$11.2

B.$15.0

C.$18.7

D.$22.5

E.$26.2

Stock Share price $15.2 $22.8 $8.9 EPS (TTM) $0.62 $0.99 $0.35 EPS (next year) $0.81 $1.12 $0.52

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