Based on AAP's average Price/Sales ratio over the past 5 years, what would be your estimate of
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Based on AAP's average Price/Sales ratio over the past 5 years, what would be your estimate of the value of AAP's stock (assume today is 1/1/23)? You forecast that AAP will have sales per share $202.65 in 2023.
What would the valuation be if you used AAP's Price/Earnings ratio? Assume today is January 1, 2023, and you forecast that AAP will have earnings per share of $13.30 in 2023.
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