A company has ab EPS of $2.00, a book value per share of $20 and a market/ book ratio of 1.2x. What is its P/E ratio?

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 4P: Reno Revolvere has an EPS of $1.50, a cash flow per share of $3.00, and a price/cash flow ratio of...
icon
Related questions
Question

Hi expert please give me answer general accounting

A company has ab EPS of $2.00, a book value per
share of $20 and a market/ book ratio of 1.2x.
What is its P/E ratio?
Transcribed Image Text:A company has ab EPS of $2.00, a book value per share of $20 and a market/ book ratio of 1.2x. What is its P/E ratio?
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Intermediate Financial Management (MindTap Course…
Intermediate Financial Management (MindTap Course…
Finance
ISBN:
9781337395083
Author:
Eugene F. Brigham, Phillip R. Daves
Publisher:
Cengage Learning