Question: Suppose that the average l'/E and P/B multiple in the Telecom Industry arc I I.2x and 4.45x. Grameen Phone is expected to have an EPS
Suppose that the average l'/E and P/B multiple in the Telecom Industry arc I I.2x and 4.45x. Grameen Phone is expected to have an EPS of BDT 35. It has book value of BDT 40. What would be the intrinsic value of Grameen Phone Ltd, The current trading price of is Grameen Phone BDT 286. Who would be your investment recommendation?
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