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Problem 6-21 Price Ratio Analysis (LO4, CFA4) Given the information below for Seger Corporation, compute the expected share price at the end of 2020
Problem 6-21 Price Ratio Analysis (LO4, CFA4) Given the information below for Seger Corporation, compute the expected share price at the end of 2020 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2020. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Year Price 2014 $81.90 2015 $87.80 2016 $86.50 2017 $84.00 2018 2019 $105.50 $120.90 EPS 3.20 3.91 4.71 5.41 7.40 8.40 CFPS 7.67 8.56 8.95 10.52 12.04 13.26 SPS 64.00 69.00 68.40 71.90 83.10 91.10 Using PE ratio Using P/CF ratio Using P/S ratio Share Price
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