Given the information below for HooYah! Corporation, compute the expected share price at the end of 2020 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2020. (Do not round intermediate calculations. Round your answers to 2 decimal places. Exclude negative annual PE and P/CFPS ratios from the average PE and average P/CFPS ratio calculations. When computing annual growth rates, use a positive sign on the annual rate of change if the per share value increased in value and use a negative sign on the annual rate of change if the per share value deceased in value.) Year 2015 2016 2017 2014 $22.00 $ 58.50 2018 $97.00 2019 $ 27.50 Price $130.00 $207.00 -.47 EPS -6.00 -5.29 -1.80 .04 .06 CFPS -13.00 -10.50 -2.80 -.05 .38 .08 SPS 19.00 27.50 25.10 28.60 32.10 35.95 Using PE ratio Using P/CF ratio Using P/S ratio Share Price

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
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What is the answer for the P/CF ratio? (It is not 78.10)
Given the information below for HooYah! Corporation, compute the expected share
price at the end of 2020 using price ratio analysis. Assume that the historical
(arithmetic) average growth rates will remain the same for 2020. (Do not round
intermediate calculations. Round your answers to 2 decimal places. Exclude
negative annual PE and P/CFPS ratios from the average PE and average P/CFPS
ratio calculations. When computing annual growth rates, use a positive sign on the
annual rate of change if the per share value increased in value and use a negative
sign on the annual rate of change if the per share value deceased in value.)
Year
2014
2015
2017
2019
2016
$130.00
2018
$97.00 $ 27.50
$ 22.00
$ 58.50
$207.00
-6.00
-5.29
-1.80
-.47
.04
.06
Price
EPS
CFPS
SPS
-13.00
-10.50
-2.80
-.05
.38
.08
19.00
27.50
25.10
28.60
32.10
35.95
Using PE ratio
Using P/CF ratio
Using P/S ratio
Share Price
Transcribed Image Text:Given the information below for HooYah! Corporation, compute the expected share price at the end of 2020 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2020. (Do not round intermediate calculations. Round your answers to 2 decimal places. Exclude negative annual PE and P/CFPS ratios from the average PE and average P/CFPS ratio calculations. When computing annual growth rates, use a positive sign on the annual rate of change if the per share value increased in value and use a negative sign on the annual rate of change if the per share value deceased in value.) Year 2014 2015 2017 2019 2016 $130.00 2018 $97.00 $ 27.50 $ 22.00 $ 58.50 $207.00 -6.00 -5.29 -1.80 -.47 .04 .06 Price EPS CFPS SPS -13.00 -10.50 -2.80 -.05 .38 .08 19.00 27.50 25.10 28.60 32.10 35.95 Using PE ratio Using P/CF ratio Using P/S ratio Share Price
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