The EPS (earnings per share) of Dominica Inc. is Rs. 120. If the average Price-Earnings ratio of comparable firms is 39.2, estimate the value of Dominica's share.

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter10: Measuring Exposure To Exchange Rate Fluctuations
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The EPS (earnings per share) of Dominica Inc.
is Rs. 120. If the average Price-Earnings ratio
of comparable firms is 39.2, estimate the
value of Dominica's share.
Transcribed Image Text:The EPS (earnings per share) of Dominica Inc. is Rs. 120. If the average Price-Earnings ratio of comparable firms is 39.2, estimate the value of Dominica's share.
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