Question: Identifying Comparables and Valuation Using PB and PE Panera Bread Company's book value per share is $ 2 6 . 9 6 and its forward
Identifying Comparables and Valuation Using PB and PE
Panera Bread Company's book value per share is $ and its forward earnings estimate per share is $ The following information is also available for
peer group of companies from the restaurant sector.
b Assume that you use as comparables the following set of companies: THI, PZZA, and CMG Estimate Panera's equity intrinsic value per share using the PB ratio from
these peer companies.
Round answer to two decimal places.
$
c Use the same comparables as in part b and estimate Panera's equity intrinsic value per share using the PE ratio from these peer companies.
Round answer to two decimal places.
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