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Given the information below for HooYah! Corporation, compute the expected share price at the end of 2022 using price ratio analysis Assume that the historical (arithmetic) average growth rates will remain the same for 2022. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Exclude negative annual P/E 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 pe share value deceased in value. Year Price EPS CFPS SPS 2016 $18.00 -6.00 -9.00 15.00 Using PE ratio Using P/CF ratio Using P/S ratio 2017 $ 54.50 -5.29 -6.50 23.50 $ $ $ 2018 $126.00 Answer is complete but not entirely correct. Share Price 21.14 X (1.37) X 128.20 -1.80 -2.80 23.10 2019 $203.00 -0.42 -0.25 26.60 2020 $93.00 0.06 0.18 30.10 2021 $23.50 0.06 0.08 31.95

Given the information below for HooYah! Corporation, compute the expected share price at the end of 2022 using price ratio analysis Assume that the historical (arithmetic) average growth rates will remain the same for 2022. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Exclude negative annual P/E 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 pe share value deceased in value. Year Price EPS CFPS SPS 2016 $18.00 -6.00 -9.00 15.00 Using PE ratio Using P/CF ratio Using P/S ratio 2017 $ 54.50 -5.29 -6.50 23.50 $ $ $ 2018 $126.00 Answer is complete but not entirely correct. Share Price 21.14 X (1.37) X 128.20 -1.80 -2.80 23.10 2019 $203.00 -0.42 -0.25 26.60 2020 $93.00 0.06 0.18 30.10 2021 $23.50 0.06 0.08 31.95

Essentials Of Investments
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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Given the information below for HooYah! Corporation, compute the expected share price at the end of 2022 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2022. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Exclude negative annual P/E 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 Price EPS CFPS SPS 2016 $18.00 -6.00 -9.00 15.00 Using PE ratio Using P/CF ratio Using P/S ratio 2017 $ 54.50 -5.29 -6.50 23.50 $ $ $ 2018 $126.00 -1.80 -2.80 23.10 Answer is complete but not entirely correct. Share Price 21.14 X (1.37) X 128.20 2019 $203.00 -0.42 -0.25 26.60 2020 $93.00 0.06 0.18 30.10 2021 $23.50 0.06 0.08 31.95
Transcribed Image Text:Given the information below for HooYah! Corporation, compute the expected share price at the end of 2022 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2022. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Exclude negative annual P/E 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 Price EPS CFPS SPS 2016 $18.00 -6.00 -9.00 15.00 Using PE ratio Using P/CF ratio Using P/S ratio 2017 $ 54.50 -5.29 -6.50 23.50 $ $ $ 2018 $126.00 -1.80 -2.80 23.10 Answer is complete but not entirely correct. Share Price 21.14 X (1.37) X 128.20 2019 $203.00 -0.42 -0.25 26.60 2020 $93.00 0.06 0.18 30.10 2021 $23.50 0.06 0.08 31.95
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