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On December 31, 2009, the stock of Alpha Associates was trading at $37.90. The following information is provided. Calculate Alpha's trailing and forward P/E
On December 31, 2009, the stock of Alpha Associates was trading at $37.90. The following information is provided. Calculate Alpha's trailing and forward P/E ratio. Calculate the: a. trailing P/E ratio Item EPS EPS for 2009 $2.55 Expected EPS in the first quarter of 2010 $0.68 Expected EPS in the second quarter of 2010 $0.75 Expected EPS in the third quarter of 2010 Expected EPS in the fourth quarter of 2010 $0.53 $0.75 Number Round your answer to two decimals. b. leading P/E ratio Number Round your answer to two decimals.
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