Question
Compute Star Berhad's (parent company only) p/e ratio for the year ended 30 Jun 2021 with the assumption that the company's share price for the
Compute Star Berhad's (parent company only) p/e ratio for the year ended 30 Jun 2021 with the assumption that the company's share price for the same financial period is RM0.45 per share. Star Berhad's P/E ratio for the year ended 30 Jun 2020 was 1.05:1. Based on the p/e ratios, how would you assess shareholders' confidence in the company's shares between 2020 and 2021? Why?
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Financial Accounting A Concepts Based Introduction
Authors: David Kolitz
1st Edition
1138844977, 978-1138844971
