Question
Given the information below for HooYah! Corporation, compute the expected share price at the end of 2017 using price ratio analysis. Assume that the historical
Given the information below for HooYah! Corporation, compute the expected share price at the end of 2017 using price ratio analysis. Assume that the historical average growth rates will remain the same for 2017. (Do not round intermediate calculations. Round your answers to 2 decimal places. Exclude negative annual P/E and P/CFPS ratios from the average P/E and average P/CFPS ratio calculations. When computing annual growth rates, use a positive sign on the annual rate of change if the per share value increased in value and use a negative sign on the annual rate of change if the per share value deceased in value.)
Given the information below for HooYah! Corporation, compute the expected share price at the end of 2017 using price ratio analysis. Assume that the historical average growth rates will remain the same for 2017. (Do not round intermediate calculations Round your answers to 2 decimal places. Exclude negative annual P/E and P/CFPS ratios from the average P/E and average P/CFPS ratio calculations. When computing annual growth rates, use a positive sign on the annual rate of change if the per share value increased in value and use a negative sign on the annual rate of change if the per share value deceased in value.) 2011 2012 2013 2014 2015 2016 Year Price 8.00 44.50 116.00 193.00 $83. 13.5e EPS -3.30 -6.50 13.50 0.55 -0.25 20.30 0.04 0.06 4.00 CFPS -2.80 0.03 0.08 9.00 5.00 SPS 18.10 23.80 21.95 Share price Using P/E ratio Using P/CF ratio Using P/S ratioStep by Step Solution
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