We know the following about Bob & Co. Total assets are $1000m, E is $700m, cash is $500m and the # of shares is 1m. We estimate that the market value of equity is 2 times the book value of it. Finally, a fire sale of the firm would bring 70% of the value to the co. The inflation rate has been 4% in the last 13 years for which the firm has operated.

Compute the book value per share of Bob & Co.