Question
Compare the price-earnings (P/E) ratios of Amazon.com, Inc. and Walmart Inc. based on the market prices and earnings per share (EPS) for the year 2023:
Compare the price-earnings (P/E) ratios of Amazon.com, Inc. and Walmart Inc. based on the market prices and earnings per share (EPS) for the year 2023:
Company | Amazon.com, Inc. | Walmart Inc. |
Market Price per Share | $4000 | $200 |
Earnings per Share | $200 | $10 |
Price-Earnings (P/E) Ratio |
Question:
Which company has a higher price-earnings (P/E) ratio for the year 2023? Calculate the P/E ratio for each company and compare.
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Ethical Obligations and Decision Making in Accounting Text and Cases
Authors: Steven Mintz, Roselyn Morris
4th edition
978-1259543470, 1259543471, 978-1259730191
