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You want to value your gaming stock, Overfuse (OFE), using the P/E ratio of a similar firm, KS Gaming (KSG). KSG has 150,000 shares outstanding,
You want to value your gaming stock, Overfuse (OFE), using the P/E ratio of a similar firm, KS Gaming (KSG). KSG has 150,000 shares outstanding, a per-share price of $27 and total annual earnings of $100,000. Overfuse has 1 million shares outstanding and total annual earnings of $400,000. What is your estimate of the price per share of OFE
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