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Use trailing P/E (price to earnings ratio) market comparable analysis to estimate the stock price of Apple. Apple's three peer firms are Amazon, Facebook, and

Use trailing P/E (price to earnings ratio) market comparable analysis to estimate the stock price of Apple. Apple's three peer firms are Amazon, Facebook, and Microsoft. Use a simple average of the peers to get the value to apply to Apple.

Here is information that will allow you to answer the question (note not all information is useful):

Stock Price Trailing Earnings per share Market to Book Shares Outstanding
Apple 25 2 2.5 100
Amazon 190 5 4 50
Facebook 15 1.5 1.5 150
Microsoft 45 5 2 200

(Round to the nearest dollar for you answer).

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