Using each of the five multiples individually, estimate the share prices of Pfizer Inc. (5.5pts) Note that: i. for ratios involving EV, you need to convert to Market Cap by subtracting off the difference between Pfizers EV and Market Cap (i.e., the difference between EV and Market Cap is equal to Debt minus Cash); ii. for the P/B multiple, you can use directly the Book Value per Share without calculating EV or Market Cap. 8. Provide a final (unique) price estimate. Justify how you calculated it. (2pts

P/B Company Name 2 Pfizer (PFE) 3 Merck & Co (MRK) 1 Abbott Laboratories (ABT) 5 Amgen (AMGN) Thermo Fisher Scientific (TMO) 7 Abbvie (ABBV) Eli Lilly and Company (LLY) Gilead Sciences (GILD) Market Cap 244.06B 190.08B 211.78B 122.03B 229.01B 192.34B 220.36B 88.95B EV (Enterprise Value) 261.87B 208.11B 221.57B 146.73B 239.79B 265.92B 214.42B 112 28B Book Value (per share) 12.51 13.15 19.07 14.48 93.68 7.11 7.11 15.71 EV/Revenue 4.72 4.13 5.51 5.76 6.27 4.95 8.02 4.22 EV/EBITDA 13.01 10.45 19.01 11.81 18.01 9.61 23.65 7.88 Trailing P/E 18.59 34.19 33.65 21.8 26.84 29.35 34.64 17.37 Forward P/E 1.33 11.66 25.64 12.01 27.34 7.79 32.45 10.56 3.48 5.71 6.27 14.84 6.19 15.3 32.4 4.52 1 Median 5.23 12.41 28.10 11.84 6.23 3 7 5 # Shares Outst Estimated EV for Pfizer Estimated Market Cap for Pfizer 5.61B Estimated Share Price for Pfizer Final Estimated Price P/B Company Name 2 Pfizer (PFE) 3 Merck & Co (MRK) 1 Abbott Laboratories (ABT) 5 Amgen (AMGN) Thermo Fisher Scientific (TMO) 7 Abbvie (ABBV) Eli Lilly and Company (LLY) Gilead Sciences (GILD) Market Cap 244.06B 190.08B 211.78B 122.03B 229.01B 192.34B 220.36B 88.95B EV (Enterprise Value) 261.87B 208.11B 221.57B 146.73B 239.79B 265.92B 214.42B 112 28B Book Value (per share) 12.51 13.15 19.07 14.48 93.68 7.11 7.11 15.71 EV/Revenue 4.72 4.13 5.51 5.76 6.27 4.95 8.02 4.22 EV/EBITDA 13.01 10.45 19.01 11.81 18.01 9.61 23.65 7.88 Trailing P/E 18.59 34.19 33.65 21.8 26.84 29.35 34.64 17.37 Forward P/E 1.33 11.66 25.64 12.01 27.34 7.79 32.45 10.56 3.48 5.71 6.27 14.84 6.19 15.3 32.4 4.52 1 Median 5.23 12.41 28.10 11.84 6.23 3 7 5 # Shares Outst Estimated EV for Pfizer Estimated Market Cap for Pfizer 5.61B Estimated Share Price for Pfizer Final Estimated Price