Does the mean that because? apples stock price is roughly

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Reference no: EM132492694

Question 1: On August? 1, 2007 the Dell Computer? Corporation's stock closed trading at $27.76 per share while Apple? Corporation's shares closed at $133.64. Does this mean that because? Apple's stock price is roughly four times that of? Dell's, Apple is the more valuable? company?

It appears that Apple enjoys a ___ price per share when compared to its 2007 earnings but a ___ price when compared to the book value of the? firm's equity. The ___ ?market-to-book ratio for Apple reflects that fact that Apple has used a great deal ___ equity? (and ____ ?debt) to finance its operations.

(Most recent 12 months) Net Income 15 millions)

Dell 2007

53 572

Apple 2007
53.130

Shares outstanding (millions)

2.300

869 16

Earnings per share (5)

51 55

53 60

Price per share (811/07)

527 76

5133 64

Price-to-earnings ratio (PE ratio)

17.91

37.11

Book value of common equity (5 millions)

54 129

59.984

Book value per share (5)

51 80

511 49

Market-to-book ratio

15.42

11.63

Reference no: EM132492694

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