what is the price earning ratio

AutoSave on Bayliss Limited - Last Modified; Yesterday at 20:49 - a Search Terry Boland TB E File Home Insert Design Layout References Mailings Review View Help Share Comments Times New Rom - 12 - A A Aa~ Po AaBbCcDr AaBbCcD: AaBbC( AaBbCct AaB Find - Paste Cic Replace BIU - abx X A- DA - T Normal No Spac.. Heading 1 Heading 2 Title Dictate Sensitivity Editor Select - Clipboard Font Paragraph Styles Editing Voice Sensitivity Editor Bayliss Limited (Bayliss) owns a subsidiary called Crang, Bayliss is considering divesting of Continued Crann, The proposed divestment of Craan is attracting some interest. Statement of Financial Position as at 31* December 2019 The subsidiary (Crang) has shown a stable level of sales and profits over the past three years. E'000 An independent valuer has estimated the current realisable values of the assets of the business as follows NON CURRENT ASSETS Assets Values as per independent valuer Property Motor Vans E DOO Fixtures and Fittings Property 705 657 Motor Vans 24 CURRENT ASSETS Fixtures and Fittings Inventories 102 Inventories 108 Trade receivables Cash 60 For the remaining assets, the statement of financial position (set out below and on the next 128 page) values are considered to reflect their current realizable values. Another business in the same industry, which is listed on the Stock Exchange, has a price/earnings ratio of 12 TOTAL ASSETS 885 EQUITY AND LIABILITIES Income Statement for the Year-Ended 31" December 2019 Share capital (63.00 nominal value) 180 2019 Retained Earnings 207 E'000 187 Revenue 1.056 0 NON CURRENT LIABILITIES Profit before interest and tax 104.4 Long Term Loan 300 Interest charges (36.0) CURRENT LIABILITYS Profit before tax 68.4 Trade payables 198 Taxation (19.2) 49.2 TOTAL EQUITY AND LIABILITIES 885 Profit after tax Page 1 of 2 222 words DO English freland) Focus 2:42 Type here to search O 40 40 ENG 30/11/2020