Question
P/E Ratio, Market-to-Book Ratio: The stock price for Campbell was $46.20, $39.45, $45.00, $52.61, and $41.73 for fiscal years ending 2017, 2018, 2019, 2020, and
P/E Ratio, Market-to-Book Ratio:
The stock price for Campbell was $46.20, $39.45, $45.00, $52.61, and $41.73 for fiscal years ending 2017, 2018, 2019, 2020, and 2021, respectively.
1. What was the P/E ratio for the past five years and how would you interpret the trend? That is, whats happening to its perceived value?
2. Using the same stock prices above and using the shares outstanding for each respective year what was the companys market capitalization? Comment on the companys market capitalization trend. What was the Market-to-Book Ratio for the past five years?
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