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The following table shows key information for price multiple valuation for a selection of four different comme Profile Share price EPS (2020) EPS forecast (2022)

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The following table shows key information for price multiple valuation for a selection of four different comme Profile Share price EPS (2020) EPS forecast (2022) Boeing US-based: aerospace/defense 223 14 USD 20.88 USD 4.53 USD Airbus EU-based, aerospace/defence 100.20 EUR 1.45 EUR 4.11 EUR General Electric US based; multiple industries 12.98 USD 0.58 USD 0.51 USD Lockheed Martin U.S.-based; defense 338 59 USD 24 30 USD 28 00 USD Note: EPS-Earnings per share Which of the following statements about price multiple valuation is correct? Given Airbus' use of Euros, the company needs to be excluded from price multiple valuation O Boeing's negative earnings imply that price multiple valuation is impossible for the company The price-to-expected earnings ratio indicates that Boeing is overvalued Given the impact of the 737 MAX disasters on Boeing's 2020 financials, the company needs to be excluded from price multiple valuation

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