A firm has a stock price of $42.00 per share. The firm's earnings are $85 million, and the firm has 25 million shares outstanding. The firm has an ROE of 18% and a plowback of 35%. What is the firm's PEG ratio?
A firm has a stock price of $42.00 per share. The firm's earnings are $85 million, and the firm has 25 million shares outstanding. The firm has an ROE of 18% and a plowback of 35%. What is the firm's PEG ratio?
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
Problem 13P
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Transcribed Image Text:A firm has a stock price of $42.00
per share. The firm's earnings
are $85 million, and the firm has
25 million shares outstanding.
The firm has an ROE of 18% and
a plowback of 35%. What is the
firm's PEG ratio?
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