Question
Creamy Chocolate (Pty) Ltd has been listed at R 10 per share on the JSE in the retail food and drug sector since 1980 and
Creamy Chocolate (Pty) Ltd has been listed at R 10 per share on the JSE in the retail food and drug sector since 1980 and are currently trading at R18.00 per share. The performance of the company has been very steady over the years and shareholders have become used to receiving dividends of R1.50 per year.
Determine the current P/E ratio for Creamy Chocolate (Pty) Ltd
| 13.74 | ||
| 2.57 | ||
| 12.00 | ||
| 12.86 |
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