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UM has sales per share of $48.08, earnings per share of $7.58, book value per share of $20.59, and dividends per share of $3.84. You

UM has sales per share of $48.08, earnings per share of $7.58, book value per share of $20.59, and dividends per share of $3.84.

You have determined that relevant market multiples for UM would be a price/sales ratio of 3.6x, a P/E ratio of 22.8x, a price/book ratio of 8.7x, and a dividend yield of 2.22%.

Calculate the price per share based on each ratio, and then estimate the value as the simple average of these four prices,What should be the value per share based on that?

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