Question
Price/Earnings Ratio A company has an EPS of $3.60, a book value per share of $33.48, and a market/book ratio of 2.9x. What is its
Price/Earnings Ratio
A company has an EPS of $3.60, a book value per share of $33.48, and a market/book ratio of 2.9x. What is its P/E ratio? The stock price should be rounded to the nearest cent. Round your answer to two decimal places.
____X
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Corporate Financial Management
Authors: Glen Arnold, James Pickford
2nd Edition
0582821762, 978-0582821767
