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AviBank Plastics generated an EPS of ?$0.860.86 over the last 12 months. The? company's earnings are expected to grow by 20.920.9?% next? year, and because
AviBank Plastics generated an EPS of
?$0.860.86
over the last 12 months. The? company's earnings are expected to grow by
20.920.9?%
next? year, and because there will be no significant change in the number of shares? outstanding, EPS should grow at about the same rate. You feel the stock should trade at a? P/E of around
2323
times earnings. Use the? P/E approach to set a value on this stock.
Using the? P/E approach, the value on this stock is
?$nothing.
?(Round to the nearest? cent.)
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