Consider the following information about pharmaceutical companies:

Company	Ticker	Price per Share	Earnings per Share	Book Value per Share
Abbott Labs	ABT	54.35	2.69	13.79
Bristol-Myers-Squibb	BMY	25.45	1.93	7.33
GlaxoSmithKline	GSK	41.3	3.15	6.03
Johnson & Johnson	JNJ	62.6	4.58	18.27
Merck	MRK	36.25	3.81	10.86
Pfizer	PFE	$18.30	$1.20	8.19

If Moderna (MRNA), a pharmaceutical company, has an EPS of $3.25, based upon the P/E ratio for its competitors what is your estimate of what Moderna's stock price should be?

Answer rating: 100% (QA)

o estimate Modernas stock price based on the PE ratio of its competitors we can calculate the averag... View the full answer