SRD Corporations stock is currently selling at $36 per share. SRD reported total revenues

of $5.26 billion over the past year, has a book value of equity of $2.9 billion, and has 296

million shares outstanding. Based on comparable firms, the appropriate P/S and P/B for

SRD are 2.85 and 4.75, respectively.

A. What is the stocks approximate intrinsic value based on the P/S multiplier?

B. What is the stocks approximate intrinsic value based on the P/B multiplier?