Question
A company has an EPS of $1.50, a book value per share of $15.15, and a market/book ratio of 1.3x. What is its P/E ratio?
A company has an EPS of $1.50, a book value per share of $15.15, and a market/book ratio of 1.3x. What is its P/E ratio? The stock price should be rounded to the nearest cent. Round your answer to two decimal places.
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
2nd Edition
0073530670, 9780073530673
