Babel Co. a publicly listed company, reported earnings for the year amounting to Php 25 million with outstanding shares of 1 million. The market value per share of Babel Co. is Php 122.What is the P/E Ratio of Babel Co. (round your answer to the nearest ones)?Suppose that Babel Co. sets as the industry leader, Vincenzo Co., another player in the same industry are being eyed by an investor. The reported EPS of Vincenzo Co. is Php 10. If the investor is aware of the Babel Co.’s performance, how much should the investor value Vincenzo Co.?

Dividend means the amount given to shareholder of the company as profit distribution by company. P/E…

Answered: Babel Co. a publicly listed company,…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Babel Co. a publicly listed company, reported earnings for the year amounting to Php 25 million with outstanding shares of 1 million. The market value per share of Babel Co. is Php 122.

What is the P/E Ratio of Babel Co. (round your answer to the nearest ones)?
Suppose that Babel Co. sets as the industry leader, Vincenzo Co., another player in the same industry are being eyed by an investor. The reported EPS of Vincenzo Co. is Php 10. If the investor is aware of the Babel Co.’s performance, how much should the investor value Vincenzo Co.?

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