Question
The average PE ratio for semiconductor stocks is 20. Say, Nvidia (NVDA) has average risk and growth prospects compared to the rest of the industry.
The average PE ratio for semiconductor stocks is 20. Say, Nvidia (NVDA) has average risk and growth prospects compared to the rest of the industry. If the company has Earnings Per Share of $2.00 and 140,000,000 shares outstanding, what would be the estimated market capitalization (aka market cap) for NVDA?
**Please demonstrate in excel if needed**
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
Foundations Of Financial Markets And Institutions
Authors: Franco Modigliani, Frank J. Jones, Michael G. Ferri, Frank J. Fabozzi
3rd Edition
0130180793, 978-0130180797
