Cleaned Ltd is a listed company that provides professional cleaning services. It has 50 million...
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Cleaned Ltd is a listed company that provides professional cleaning services. It has 50 million shares outstanding and a current share price of $16.00. Its book value of equity is $425 million and its earnings per share (EPS) are $1.25. Use this information to help answer the questions that follow. (a) Cleanex's market-to-book ratio is . Note: Please provide your answer with two decimal points in the format of xx.xx (for example, if
Cleanex Ltd is a listed company that provides professional cleaning services. It has 50 million shares outstanding and a current share price of $16.00. Its book value of equity is $425 million and its earnings per share (EPS) are $1.25. Use this information to help answer the questions that follow. (a) Cleanex's market-to-book ratio is Note: Please provide your answer with two decimal points in the format of xx.xx (for example, if the answer is 1.234, type in 1.23). (b) The table below displays information relating to other firms in the cleaning industry. You want to use this information to perform a relative valuation of Cleanex's shares. Based upon the average P/E ratio for its industry, Cleanex's implied equity value per share is $
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Cleaned Ltd is a listed company that provides professional cleaning services. It has 50 million shares outstanding and a current share price of $16.00. Its book value of equity is $425 million and its earnings per share (EPS) are $1.25. Use this information to help answer the questions that follow. (a) Cleanex's market-to-book ratio is . Note: Please provide your answer with two decimal points in the format of xx.xx (for example, if