Suppose that has a market value per share of $123, has net income of $516 million, and 20 million shares outstanding. Additionally, the firm had a common equity price of $100 as of the flotation date.
a) What is the firm's P/E ratio?
b) What is the firm's P/B ratio?
c) Discuss what your answers to part a and b may denote about how the firm's management has ran the firm, what the firm's future growth prospects happen to be, and whether the stock is s good buying or (short) selling opportunity