You are considering selling your family's auto parts company. If the average P/E ratio of a company in the auto-parts industry is 8 and last year your company had earnings of $15m, what is an estimate for the value of your company in millions of dollars?

Answer rating: 100% (QA)

To estimate the value of your familys auto parts company you can use the PricetoEarnings PE rat... View the full answer