Question: Calculate book value per share based on the information presented below. $27.60 $29.57 $34.57 $32.27 You are researching Jonash International, an oil field services company

Calculate book value per share based on the information presented below. $27.60 $29.57 $34.57 $32.27 You are researching Jonash International, an oil field

Calculate book value per share based on the information presented below. $27.60 $29.57 $34.57 $32.27 You are researching Jonash International, an oil field services company subject to cyclical demand for its services. You believe the five years shown below reasonably captures average profitability. Jonash International recently closed at a price of $39.87 per share. Based on the information in the table below, determine a normalized P/E using the method of average ROE. 15.9 11.8 14.1 17.7

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