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if the price-earings ratio of a company was 55, this would mean investors expect this company to generate earings per share of $55 in the
if the price-earings ratio of a company was 55, this would mean
- investors expect this company to generate earings per share of $55 in the future.
- investors are prepared to pay a price of $55 for shares in this company.
- investors have low expectations about future earnigs growth for the company.
- investors have high expectations about future earnigs growth for the company.
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
14th edition
1337090581, 978-1337090582
