You have been asked to assess whether Walgreen Company, a drugstore chain, is correctly priced relative to its competitors in the drugstore industry. The following are the price/sales ratios, profit margins, and other relative details of the firms in the drugstore industry.

Company	P/S Ratio	Profit Margin	Payout	Expected Growth	Beta
Arbor Drugs	0.42	3.40%	18%	14.0%	1.05
Big B Inc.	0.30	1.90%	14%	23.5%	0.70
Drug Empor.	0.10	0.60%	0%	27.5%	0.90
Fay's Inc.	0.15	1.30%	37%	11.5%	0.90
CVS	0.18	1.70%	26%	10.5%	0.80
Drugs R Us	0.30	2.00%	46%	6.0%	0.90
Perry Drugs	0.12	1.30%	0%	12.5%	1.10
Rite Aid	0.33	3.20%	37%	10.5%	0.90
Walgreen	0.60	2.70%	31%	13.5%	1.15

Based entirely on a subjective analysis, do you think that Walgreen is overpriced because its price/sales ratio is the highest in the industry? If it is not, how would you rationalize its value?