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use tne oudV Ing 1n/ormation in J) a e cornparatie irrns 1n the pharmlaceutical Industry to answer the question below Company Ticker Price Earnings Book
use tne oudV Ing 1n/ormation in J) a e cornparatie irrns 1n the pharmlaceutical Industry to answer the question below Company Ticker Price Earnings Book Value r Share 50.0 r Share 3.69 1.93 r Share 13.79 7.33 Abbott Labs ABT Bristol-Myers- BMY 20.50 uibb GlaxoSmithKline GSK Johnson & Johnson Merck Pfizer ?22 3.15 12.50 JNJ 61.0 4.58 18.27 MRK 30.00 3.81 10.86 PFE 15.0 1.20 8.19 Based upon the average P/E and P/B ratios for its competitors, GlasoSmithKline' stock price should be closest to: estimate based on P/E multiple? estimate based on P/B multiple? A. $41.79, $70.48 B. $37.03; 52.60 C. $36.45; 35.89 D.$44.35 ; 31.86
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