A firm has a stock price of $56.00 per share. The firm's earnings are $70 million, and the firm has 20 million shares outstanding. The firm has an ROE of 15% and a plowback of 40%. What is the firm's PEG ratio?
A firm has a stock price of $56.00 per share. The firm's earnings are $70 million, and the firm has 20 million shares outstanding. The firm has an ROE of 15% and a plowback of 40%. What is the firm's PEG ratio?
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
Problem 13P
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Financial Accounting
![A firm has a stock price of $56.00 per share. The
firm's earnings are $70 million, and the firm has 20
million shares outstanding. The firm has an ROE of
15% and a plowback of 40%.
What is the firm's PEG ratio?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff18b0af0-186f-46ed-8f79-567a26ba0800%2F5c7c82cd-2691-4d59-b236-2f02799f83e8%2Fsuiuzr8_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A firm has a stock price of $56.00 per share. The
firm's earnings are $70 million, and the firm has 20
million shares outstanding. The firm has an ROE of
15% and a plowback of 40%.
What is the firm's PEG ratio?
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