Stock valuation using the multiple (comps) method: Below, P/E ratio for Walmart Inc. and four similar firms (comps) are provided.
The annual earnings per share (EPS) of Walmart Inc. is $4.94.
Currently, the stock of Walmart Inc. is trading in the market at $144.50.
Stock Value: Four Comps Method for Walmart Inc.
21.93 <-- P/E of Walmart Inc.
18.76 <-- 1) P/E of Target Corporation
54.64 <-- 2) P/E of Amazon.com, Inc.
11.86 <-- 3) P/E of Macy's, Inc.
45.05 <-- 4) P/E of Costco Wholesale Corporation
$4.94 <-- EPS of Walmart Inc.
How much is the stock value of this company using the "Comps" method?
Enter your answer in the following format: 123.45
Hint: Answer is between 143.23 and 173.81