Value the shares of Delta Co. using the price per revenue multiplier method based on the data

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Value the shares of Delta Co. using the price per revenue multiplier method based on the data of its competitors, Alpha, Beta, and Gamma.

Delta's revenues are $ 31m and it has 13m shares outstanding.

	Alpha Co.	Beta Co.	Gamma Co.
Revenues (m)	2124	4264	560
# shares outstanding (m)	588	369	170
stock price	297	367	30

Provide your answer rounded to two decimals.

Related Book For answer-question

Managerial Accounting Creating Value in a Dynamic Business Environment

ISBN: 978-0078025662

10th edition

Authors: Ronald Hilton, David Platt

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Posted Date: Feb 29, 2024 02:37 AM

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Value the shares of Delta Co. using the price per revenue multiplier method based on the data

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Managerial Accounting Creating Value in a Dynamic Business Environment

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