You are interested in valuing Coca-Cola using PE ratios. The forward PE ratio of Coca-Cola is 24, whereas the average forward PE ratio of the food and beverage industry is 26.92. Question 17 options:

The PE values indicate that Coca-Cola is currently slightly underpriced by the ma

You don't have enough information to make pricing conclusions based on PE ratios

The PE values indicate that Coca-Cola is currently correctly valued by the market

The PE values indicate that Coca-Cola is currently slightly overpriced by the market