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Given the following information for GBN, Inc.: - The current stock price: $27.5/sh - The Net Income is : $1,500,000 - Avg number of shares

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Given the following information for GBN, Inc.: - The current stock price: $27.5/sh - The Net Income is : $1,500,000 - Avg number of shares o/s - 2,500,000 EPS (consensus) - $.61/sh - Industry Avg P/E - 38x Calculate the following: A. EPS basic B. Define EPS C. P/E ratio: D. Define P/E ratio E. Calculate Market Capitalization of GBN F. Compare GBN's P/E to the industry avg. P/E, GBN, Inc. Based on the comparison GBN would be classified stock as a Answer below

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