Price Ratio Analysis for Internet Companies Given the information below for HooYah! Corporation, compute the expected share price at the end of 2009 using price ratio analysis.
Year
|
2003
|
2004
|
2005
|
2006
|
2007
|
2008
|
Price
|
$8.00
|
$44.50
|
$116.00
|
$193.00
|
$83.00
|
$13.50
|
EPS
|
-4.00
|
-3.30
|
-1.80
|
-0.55
|
0.04
|
0.06
|
CFPS
|
-9.00
|
-6.50
|
-2.80
|
-0.25
|
0.03
|
0.08
|
SPS
|
5
|
13.5
|
18.1
|
20.3
|
23.8
|
21.95
|