Company

xYZ

closed at

$53.10

per share with a P/E ratio of 15.15. Answer the following questions.\ a. How much were earnings per share?\ b. Does the stock seem overpriced, underpriced, or about right given that the historical P/E ratio is 12-14?\ a. How much were earnings per share?\ $ (Round to the nearest cent as needed.)

Company XYZ closed at $53.10 per share with a P/E ratio of 15.15 . Answer the following questions. a. How much were earnings per share? b. Does the stock seem overpriced, underpriced, or about right given that the historical P/E ratio is 12-14? a. How much were earnings per share? $ (Round to the nearest cent as needed.)