Question
Company A's Net Income Attributable to Common Stockholders in 2021 was $33,364,000,000. Its basic average shares were 10,120,000, and the average stock price was $186.12/share.
Company A's Net Income Attributable to Common Stockholders in 2021 was $33,364,000,000. Its basic average shares were 10,120,000, and the average stock price was $186.12/share.
Company B's PE ratio in the same industry (and in the same country) was 60.02.
Based on the information given above in this scenario, which company's stock is relatively less expensive to buy?
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
