Question
Henderson Engineers Ltd. has the number of shares of ordinary shares outstanding of 46,000,000, and the current price per share is $17.00. If the companys
Henderson Engineers Ltd. has the number of shares of ordinary shares outstanding of 46,000,000, and the current price per share is $17.00. If the company’s profit is 890,000,000.00,
calculate the PE ratio and would you consider investing in this share based on the PE ratio?
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Financial Accounting and Reporting
Authors: Barry Elliott, Jamie Elliott
14th Edition
978-0273744535, 273744445, 273744534, 978-0273744443
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