Question
Using the most recent annual report, calculate the most recent price/earnings ratio and market/book ratio for uber and Lyft. Do these ratios indicate that investors
Using the most recent annual report, calculate the most recent price/earnings ratio and market/book ratio for uber and Lyft. Do these ratios indicate that investors are expected to have a high or low opinion of the company? EPS= Net income/Shares outstanding Price/Earnings = Price per share/Earnings per share Check: Price = EPS P/E BVPS= Common equity/Shares outstanding Market/Book= Market price per share/Book value per share
uber income statement and balance sheet: https://www.marketwatch.com/investing/stock/uber/financials/balance-sheet
Lyft income statement and balance sheet: https://www.marketwatch.com/investing/stock/lyft/financials/balance-sheet
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