Given the information below for Seger 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. Year Price EPS CFPS SPS 2016 $78.90 Using PE ratio Using P/CF ratio Using P/S ratio 4.39 7.42 61.50 2017 $84.80 5.10. 8.36 66.50 2018 $83.50 5.90 8.80 65.90 Share Price 2019 2020 2021 $81.00 $ 102.50 $ 117.90 7.15 6.60 10.27 69.40 11.89 80.60 8.15 13.16 88.60
Given the information below for Seger 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. Year Price EPS CFPS SPS 2016 $78.90 Using PE ratio Using P/CF ratio Using P/S ratio 4.39 7.42 61.50 2017 $84.80 5.10. 8.36 66.50 2018 $83.50 5.90 8.80 65.90 Share Price 2019 2020 2021 $81.00 $ 102.50 $ 117.90 7.15 6.60 10.27 69.40 11.89 80.60 8.15 13.16 88.60
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
Related questions
Question
Vijay
Transcribed Image Text:Given the information below for Seger 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.
Year
Price
EPS
CFPS
SPS
2017
2016
$ 78.90 $ 84.80
4.39
5.10.
7.42
8.36
61.50
66.50
Using PE ratio
Using P/CF ratio
Using P/S ratio
2018
$83.50
5.90
8.80
65.90
Share Price
2019
2020
$81.00 $ 102.50
6.60
7.15
10.27
11.89
69.40
80.60
2021
$117.90
8.15
13.16
88.60
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education