Question: Part d says: What range of share prices do you estimate based on the highest and lowest price-to-book value multiples in the table above? Suppose
Part d says: What range of share prices do you estimate based on the highest and lowest price-to-book value multiples in the table above?
Suppose that in July 2013, Nike Inc. had EPS of $2.35 and a book value of equity of $12.54 per share Price Book 2.44 +70% -63% Enterprise Value Sales 1.12 + 55% -48% Enterprise Value EBITDA 9.76 + 86% -34% 29.84 + 136% -62% Average Maximum Minimum a. Using the average P/E multiple from the table above, estimate Nike's share price b. What range of share prices do you estimate based on the highest and lowest P/E multiples in the table above? c. Using the average price to book value multiple in the table above, estimate Nike's share price d What range of share nrices do voLL estimate hased on the highest and lnwest nrice-to-hook value multinles in the tahle ahove
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