Question: Please help me calcuate the following: Equity value per share based on MTB Ratio Equity value per share based on P/Revenue ratio JetBlue Airways Southwest

Please help me calcuate the following:

Equity value per share based on MTB Ratio

Equity value per share based on P/Revenue ratio

JetBlue Airways Southwest Airlines Co. Skywest Inc. Peer Average
EV/EBITDA Multiple 5.35 6.73 5.16 5.74
P/E Multiple 9.92 13.50 8.56 10.66
Market to Book Multiple 2.14 4.00 0.67 2.27
Price/Revenue Multiple 1.07 1.49 0.33 0.96

Enterprise Value based on EV/EBITDA multiple $1,038 $1,306 $1,001 $1,115
Plus: VA Cash $496
Less: VA Interest-bearing debt $265
Total Equity value based on EBITDA for VA $1,269 $1,537 $1,232 $1,346
VA Shares Outstanding (millions) 44
Equity value per share $29.16 $35.33 $28.31 $30.94
Equity value per share based on P/E multiple $77.58 $105.59 $66.96 $83.38
Total Equity value for VA based on P/E multiple $3,375 $4,593 $2,913 $3,627
Interest-bearing debt $265
Less: Cash and equivalents $496
Enterprise value for VA based on P/E multiple $3,144 $4,362 $2,682 $3,396
Equity value per share based on MTB Ratio
Total Equity value based on MTB ratio $0 $0 $0 $0
Plus: Your Company Interest-bearing debt $265
Less: Your Company Cash and equivalents $496
Enterprise value based on MTB ratio ($231) ($231) ($231) ($231)
Equity value per share based on P/Revenue ratio $0 $0 $0 $0

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