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 P/E ratio for its competitors, Novartis' stock price is closest to:

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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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 P/E ratio for its competitors, Novartis' stock price is closest to:

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