Calculate the company’s forward P/E ratio

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
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Calculate the company’s forward P/E ratio

On December 31, 2021, the stock of National Co. was trading at P32.80. The
following information is provided:
EPS for 2021
Expected EPS in the first quarter of 2022
Expected EPS in the second quarter of 2022
Expected EPS in the third quarter of 2022
Expected EPS in the fourth quarter of 2022
P2.50
P0.47
PO.75
P0.83
P0.80
Transcribed Image Text:On December 31, 2021, the stock of National Co. was trading at P32.80. The following information is provided: EPS for 2021 Expected EPS in the first quarter of 2022 Expected EPS in the second quarter of 2022 Expected EPS in the third quarter of 2022 Expected EPS in the fourth quarter of 2022 P2.50 P0.47 PO.75 P0.83 P0.80
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