Question: Identifying Comparables and Valuation Using PB and PE Panera Bread Company's book value per share is $27.73 and its forward earnings estimate per share is

Identifying Comparables and Valuation Using PB and PE Panera Bread Company's book value per share is $27.73 and its forward earnings estimate per share is $7.23. The following information is also available for Panera and a 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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