Question
Crown Holdings (nee Crown Cork and Seal, symbol CCK) is currently selling for $96 per share. Their earnings per share (EPS) are $4.30 Their 5-year
Crown Holdings (nee Crown Cork and Seal, symbol CCK) is currently selling for $96 per share. Their earnings per share (EPS) are $4.30 Their 5-year average P/E is 12.2. If CCKs earnings per share are expected to grow by 8% next year, what would you expect their price to be next year? Is it a good value according to this model?
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
