Westonci.ca offers fast, accurate answers to your questions. Join our community and get the insights you need now. Get accurate and detailed answers to your questions from a dedicated community of experts on our Q&A platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

Based on the information in the table, what is the share price when the price to book (P/B) multiple of a comparable company is 17x? Income Statement Millions, Sales$3,000, EBITDA$2,200, EBIT$1,750, Net Income$1,100, Balance Sheet Millions, Cash and Cash Equivalents$120, Short Term Interest Bearing Debt$210, Long Term Interest Bearing Debt$850, BV Equity$1,500, Shares Outstanding in Millions100