Question: Levered and Unlevered P/B and P/E Ratios (Easy) A firm has the following summary balance sheet and income statement (in millions):
![1543_NOA.png](https://secure.tutorsglobe.com/CMSImages/1543_NOA.png)
The firm held the same amount of net financial obligations during the whole year for which the earnings were reported. The equity of this firm trades at a PIB ratio of2.9. The firm pays no dividends.
a. Calculate the levered trailing PIE ratio for this firm.
b. Calculate the enterprise PIB and PIE ratios.