After-tax profit attributable to ordinary shareholders is £400,000. There are £1,000,000 worth of shares in issue. Each share has a nominal value of 50p. The current share price is 250p. What is the Price-Earnings ratio? (PER) 25 1,250 12.5 2,500
After-tax profit attributable to ordinary shareholders is £400,000. There are £1,000,000 worth of shares in issue. Each share has a nominal value of 50p. The current share price is 250p. What is the Price-Earnings ratio? (PER) 25 1,250 12.5 2,500
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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After-tax profit attributable to ordinary shareholders is £400,000. There are £1,000,000 worth of shares in issue. Each share has a nominal value of 50p. The current share price is 250p. What is the Price-Earnings ratio? (PER)
25
1,250
12.5
2,500
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