What statement accurately make regarding current multiple


Problem: Use the financial information for Micro Technologies (ticker: MU) shown below. You want to consider the level of "cheapness" of MU relative to its Book Value. On September 1, 2022, the company had 1,087.17 million (i.e., 1.08717 billion) shares outstanding and their then-current stock price was $57.19. Their 3-year average PE is 13.35. Based on this information and your calculations, which statement below could you accurately make regarding their current multiple? (HINT: start by solving for EPS)

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Accounting Basics: What statement accurately make regarding current multiple
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