) Wal-Mart Stores Inc. (NYSE: WMT), as of November 14, 2017: Stock price closed at $91.09. The company's profit for the fiscal year ended January 31, 2017, was $13.64 billion and its number of shares outstanding is 3.1 billion. What is the P/E ratio?

) Wal-Mart Stores Inc. (NYSE: WMT), as of November 14, 2017: Stock price closed at $91.09. The company's profit for the fiscal year ended January 31, 2017, was $13.64 billion and its number of shares outstanding is 3.1 billion. What is the P/E ratio?

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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13) Wal-Mart Stores Inc. (NYSE: WMT), as of November 14, 2017: Stock price closed at $91.09. The company's profit for the fiscal year ended January 31, 2017, was $13.64 billion and its number of shares outstanding is 3.1 billion. What is the P/E ratio?

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