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Tally Zoe Inc ( TZI ) is about to go public with a float of 5 million shares. The underwriters have found that the average
Tally Zoe Inc TZI is about to go public with a float of million shares. The underwriters have found that the average PE ratio for firms in the same industry as TZI is X and the average Price to Revenue multiple is X TZI has earnings of $ and revenue of $ million. What is the range of IPO prices implied by this information?
Tally Zoe Inc TZI is about to go public with a float of million shares. The underwriters have found that the average PE ratio for firms in the same industry as TZI is X and the average Price to Revenue multiple is X TZI has earnings of $ and revenue of $ million. What is the range of IPO prices implied by this information?
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