The following data have been taken from your company's financial records for the current year: Earnings per share …………..$10 Dividend per share …………..$6 Market price per share ……….$90 Book value per share …………$70 The price-earnings ratio is: 1.67 15.0 9.0 7.0

The following data have been taken from your company's financial records for the current year:
Earnings per share …………..$10
Dividend per share …………..$6
Market price per share ……….$90
Book value per share …………$70

 

The price-earnings ratio is:

	1.67
	15.0
	9.0
	7.0

Answer
9.0