Sanedrin Company has an earnings per share (EPS) of $4.50, a value per share of $45 and a market value of $38. Calculate the price/earnings ratio (P/E).

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 4P: Reno Revolvere has an EPS of $1.50, a cash flow per share of $3.00, and a price/cash flow ratio of...
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Sanedrin Company has an earnings per share (EPS) of $4.50, a value per share of $45 and a market value of $38. Calculate the price/earnings ratio (P/E).

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