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frank martin inc. has earned $3.86 per share in the past year and is forecasted to earn $4.14 per share next year. comparable companies are trading at a trailing p/e ratio of 27.9. what is the implied value of frank martin inc.'s shares using relative valuation? round to one decimal place.

Answer :

In the most recent year, frank Martin Inc. earned $3.86 per share and is expected to do so again in 2019. Shares of Frank Martin Inc. are worth $107.7 on an implied basis.

The difference between the spot interest rate and the interest rate for the forward or futures delivery date is the implied rate. The difference between the forward or futures rate and the spot rate is known as the implied rate, which is an interest rate. Investors can compare returns from various investments using the assumed rate. Any type of security with an option or futures contract attached can have an implied rate calculated. Knowledge of the Implied Rate

Investors can assess a security's risk and return characteristics and compare returns from various investments using the implied interest rate. Any sort of security with an option or futures contract attached can have an implied interest rate calculated.

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