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Hobart Ltd. has the number of shares of ordinary shares outstanding 513,000,000 , and the current price per share is 56. If the company's profit

Hobart Ltd. has the number of shares of ordinary shares outstanding 513,000,000 , and the current price per share is 56. 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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