Find its current price-earnings ratio

Assignment Help Financial Management

Reference no: EM13730423

Ider Corp expects to have $3.73 as earnings per share next year. The cost of equity for Ider is 16%, whereas its dividend yield is 4%. The price per share of Ider is $40. Find its current Price-Earnings ratio (P/E ratio).

Please show all steps and calculations

Reference no: EM13730423

Questions Cloud

Great depression and the financial crisis : Identify the differences between the United States experiences during the Great Depression and the financial crisis of 2007-2009 (Check all that apply).

Xplain characteristics of ideal ruler in ancient south asian : Citing specific evidence from the Ramayana (not from the textbook), explain some of the characteristics of the ideal ruler in ancient South Asian society.

What kinds of films resulted from these acts : Describe the immediate causes and effects of both of Britain's Quota Acts. What kinds of films resulted from these acts?

Write an essay presenting your findings to the rituals : Write an essay presenting your findings and your reactions to the rituals. Each student will present her/his essay in class, using power-point or keynote slide presentations, and any demonstration materials are welcome.

Find its current price-earnings ratio : Ider Corp expects to have $3.73 as earnings per share next year. The cost of equity for Ider is 16%, whereas its dividend yield is 4%. The price per share of Ider is $40. Find its current Price-Earnings ratio (P/E ratio).

What amount did stephanie have to pay : Stephanie was involved in a car accident and rushed to the emergency room. She received stitches for a facial wound and treatment for a broken finger. Under Stephanie’s PPO plan, emergency room care at a network hospital is 80 percent covered after t..

Comprehensive major medical health insurance plan : Becky’s comprehensive major medical health insurance plan at work has a deductible of $750. The policy pays 85 percent of any amount above the deductible. While on a hiking trip, Becky contracted a rare bacterial disease. Her medical costs for treatm..

Estimate that the market value of equity : We know the following about Carl & Co. Total assets are $200m, D is $60m, E is $130m, cash is $50m and the # of shares is 1m. We estimate that the market value of equity is 3 times the book value of it. Finally, a fire sale of the firm would bring 40..

Non constant growth-find the unknown rate of return : Storico Co. just paid a dividend of $1.90 per share. The company will increase its dividend by 20 percent next year and will then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent divid..

User Account

All Pages