Question
Rutland Corp's stock price is $30.25 and its earnings per share for the past year were $2.45. The forecasted earnings per share for the future
Rutland Corp's stock price is $30.25 and its earnings per share for the past year were $2.45. The forecasted earnings per share for the future 12 month are $2.32. What is its trailing (not forward) P/E ratio?
| A. | 12.00 | |
| B. | 11.65 | |
| C. | 12.70 | |
| D. | 12.35 | |
| E. | 13.04 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Finance For Housing An Introduction
Authors: Cathy Davis
1st Edition
1447306481, 978-1447306481
