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A company has an EPS of $1.80, a book value per share of $16.56, and a market/book ratio of 1.7x. What is its P/E ratio? The stock price should be rounded to the nearest cent.

A company has an EPS of $1.80, a book value per share of $16.56, and a market/book ratio of 1.7x. What is its P/E ratio? The stock price should be rounded to the nearest cent.

Intermediate Financial Management (MindTap Course List)
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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A company has an EPS of $1.80, a book value per share of $16.56, and a market/book ratio of 1.7x. What is its P/E ratio? The stock price should be rounded to the nearest cent.
Transcribed Image Text:A company has an EPS of $1.80, a book value per share of $16.56, and a market/book ratio of 1.7x. What is its P/E ratio? The stock price should be rounded to the nearest cent.
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