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Chapter 9, Problem 3DQ
Summary Introduction

To identify: The P/E ratio of the given company.

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Profit Earning Ratio (P/E Ratio): It refers to the ratio between the price of a share of a company and the earnings on the share, which is earning per share of the company. In other words, it can be defined as the ratio between the price per share of the company and its earnings per share.

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Chapter 9 Solutions

Bundle: Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition 6-Month Printed Access Card), 8th + Aplia Printed Access Card

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