Question
Problem 4-2 (add the formuals) MARKET-VALUE RATIOS Jeddah Industries has a price earning ratio of 11X. a. If Jeddah's earnings per share are SAR 42.00,
| Problem 4-2 (add the formuals) | |||
| MARKET-VALUE RATIOS | |||
| Jeddah Industries has a price earning ratio of 11X. | |||
| a. If Jeddah's earnings per share are SAR 42.00, what is the price per share of Jeddah's stock? | |||
| b. Using the price per share you calculated in part a, determine the price / book ratio if Jeddah's equity-book value is 17.40. | |||
| Solution | |||
| a. Price per share | |||
| b. Price/book ratio | |||
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The AMA Handbook Of Financial Risk Management
Authors: John J. Hampton
1st Edition
0814417442, 978-0814417447
