You are considering selling your family's auto parts company. If the average P/E ratio of a company
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You are considering selling your family's auto parts company. If the average P/E ratio of a company in the auto-parts industry is 8 and last year your company had earnings of $15m, what is an estimate for the value of your company in millions of dollars?
Related Book For
Corporate Finance
ISBN: 978-0077861759
10th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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