The market capitalization of Abutia Plc as at 31 December 2018 was GHC21 million. The stated capital of the company consists of 10 million ordinary shares . The profit after tax for the year ended 31 December 2018 was GHC 2.8 million . The dividend pay-out rate for the year was 80%. Calculate the Price –earning ratio of Abutia Plc
The market capitalization of Abutia Plc as at 31 December 2018 was GHC21 million. The stated capital of the company consists of 10 million ordinary shares . The profit after tax for the year ended 31 December 2018 was GHC 2.8 million . The dividend pay-out rate for the year was 80%. Calculate the Price –earning ratio of Abutia Plc
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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The market capitalization of Abutia Plc as at 31 December 2018 was GHC21 million. The
stated capital of the company consists of 10 million ordinary shares . The profit after tax for the year
ended 31 December 2018 was GHC 2.8 million . The dividend pay-out rate for the year was 80%.
Calculate the Price –earning ratio of Abutia Plc
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