Question
The average industry PE ratio for retail companies is 20. Amazons own PE ratio is 69.10. What is the estimated price of Amazon if earnings
The average industry PE ratio for retail companies is 20. Amazons own PE ratio is 69.10. What is the estimated price of Amazon if earnings per share are projected to be $6.12 by using the comparable method? (2 marks)
Please show all steps and please provide correct answer. Thank You
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
Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti
10th Edition
1439898189, 978-1439898185
