XYZ plc, which is unquoted, earns profit before tax of 80 million. It has issued 100 million
Question:
XYZ plc, which is unquoted, earns profit before tax of £80 million. It has issued 100 million shares. The rate of Corporation Tax is 30 per cent.
A similar listed firm sells at a P:E ratio of 15:1. What value would you place on XYZ’s shares?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: