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Use the following information to answer the question(s) below. Company Ticker Price per Share Earnings per...

Use the following information to answer the question(s) below.

Company Ticker Price
per Share		 Earnings
per Share		 Book Value
per Share
Abbott Labs ABT 54.35 3.69 13.79
Bristol-Myers-Squibb BMY 25.45 1.93 7.33
GlaxoSmithKline GSK 41.3 3.15 6.03
Johnson & Johnson JNJ 62.6 4.58 18.27
Merck MRK 36.25 3.81 10.86
Pfizer PFE $18.30 $1.20 8.19


Assuming that Novartis AG (NVS) has an EPS of $3.35, based upon the average price - to - book ratio for its competitors, Novartis' stock price is closest to:

$22.95

$39.70

$44.35

$13.00

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jeff jeffy answered 2 years ago
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