Exercise 11-15 Price-earnings ratio computation and interpretation L.O. A2
Company | Earnings per Share | Market Value per Share | ||
1 | $ | 10.00 | $ | 160.00 |
2 | 8.00 | 84.00 | ||
3 | 6.00 | 79.20 | ||
4 | 31.00 | 213.90 | ||
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Compute the price-earnings ratio for each of these four separate companies.
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