Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The current date is March 31, 2014: Piner Company stock is trading at $176.4 Last years revenues totaled $2.39 billion Trailing EPS is $6.81 EBIT

The current date is March 31, 2014:

  • Piner Company stock is trading at $176.4
  • Last years revenues totaled $2.39 billion
  • Trailing EPS is $6.81
  • EBIT (trailing) is $310 million
  • EBITDA (trailing) is $417.08 million
  • Market capitalization is $4.86 billion
  • Enterprise value is $4.63 billion

1. Calculate Piner's PE

2.Calculate Piner's EV/Sales

3.Calculate Piner's EV/EBIT

4.Calculate Piner's EV/EBITDA

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introductory Accounting A Measurement Approach For Managers

Authors: Daniel P. Tinkelman

1st Edition

9781138956216

More Books

Students also viewed these Accounting questions

Question

Would you recommend this program to your employer? Why?

Answered: 1 week ago