Answered: A company has an Earnings Per Share…

A company has an Earnings Per Share (EPS) of $4.20, a book value per share of $40.00, and a market/book ratio of 2.1x. What is the company's 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...

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Question

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General accounting

A company has an Earnings Per Share (EPS) of $4.20, a
book value per share of $40.00, and a market/book ratio
of 2.1x.
What is the company's P/E ratio?

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