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Given the information below for Seger Corporation, compute the expected share price at the end of 2022 using price ratio analysis. Assume that the
Given the information below for Seger Corporation, compute the expected share price at the end of 2022 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2022. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Year Price 2016 $ 58.10 EPS 4.54 2017 $ 64.00 5.25 2018 $ 62.70 6.05 2019 $ 60.20 6.75 2020 $ 81.70 7.60 2021 $ 97.10 8.60 CFPS 7.87 8.72 9.07 10.72 12.16 13.34 SPS 28.70 33.70 33.10 36.60 47.80 55.80 Share Price Using PE ratio $ 167.80 Using P/CF ratio $ 164.61 Using P/S ratio $ 146.30
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