Question: Identifying Comparables and Valuation Using PB and PE Advanced Auto Parts' book value per share is $51.18 and its forward earnings estimate per share is

Identifying Comparables and Valuation Using PB and PE Advanced Auto Parts' book value per share is $51.18 and its forward earnings estimate per share is $7.90. The following information is also available for Advanced Auto Parts and a peer group of companies from the auto parts sector. b. Assume that you use as comparables the following set of companies: KMX, CRMT, and GNTX. Estimate Advanced Auto Parts' equity intrinsic value per share using the PB ratio from these peer companies. c. Use the same comparables as in part b and estimate Advanced Auto Parts' equity intrinsic value per share using the PE ratio from these peer companies
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