Question: You are assigned a task to analyse the share price of GNK Industries using multiples. You decide to use the P/E ratio and collect the

You are assigned a task to analyse the share price of

You are assigned a task to analyse the share price of GNK Industries using multiples. You decide to use the P/E ratio and collect the following information from the three chosen comparable companies in the same industry. If the GNK'S next EPS is forecast to be $2.7, what is the fair price of GNK's shares, estimated based on the average performance of all three comparable companies? Choose the most accurate answer. Company P/E ALM 10.5 JAM 11.8 CIL 12.6 Select one: a. $35 O b. $37 O c. $36 O d. $31

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