Question
The table below provides the PE ratio for a selection of international oil companies. Exxon Mobil 12.71 Royal Dutch Shell 10.54 ConocoPhilips 12.1 Chevron 10.49
The table below provides the PE ratio for a selection of international oil companies.
| Exxon Mobil | 12.71 |
| Royal Dutch Shell | 10.54 |
| ConocoPhilips | 12.1 |
| Chevron | 10.49 |
| Statoil | 11.73 |
A new American company, OilOptimist, will be listed on the New York Stock Exchange from 1.1.2014. In 2012, the company had a profit of 11 dollars per share. Use relative valuation to estimate the price per share for OilOptimist.
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Handbook Of Asset And Liability Management Volume 2
Authors: S. A. Zenios, W. T. Ziemba
1st Edition
0444528024, 978-0444528025
