Price and earnings ratio, PRICE/EARNINGS RATIO A company

Price and earnings ratio

Assignment Help Financial Management

Reference no: EM131444310

PRICE/EARNINGS RATIO A company has an EPS of $3.60, a book value per share of $38.52, and a market/book ratio of 2.6x. What is its P/E ratio? The stock price should be rounded to the nearest cent. Round your answer to two decimal places.

Reference no: EM131444310

Questions Cloud

Considering new three-year expansion project : Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.73 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life. The project is estimated to g..

What is its times-interest-earned ratio : Thomson Trucking has $18 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 12%, and its return on assets (ROA) is 4%. What is its times-interest-earned (TIE) ratio?

How could this impact the company in the long-term : Put yourself in the shoes of a company president: The extremely successful launch of a new product has resulted in an additional $5 million in unexpected operating cash flows. You can think of several ways to use the extra $5 million. Think about the..

Compute what is the duration of this michigan bond : You bought EMU bond: 5-year, coupon= 12%, paid semi-annually, par= $1,000, and YTM = 8%. Compute: What price did you pay for the bond? What is the duration of this Michigan bond

Price and earnings ratio : PRICE/EARNINGS RATIO A company has an EPS of $3.60, a book value per share of $38.52, and a market/book ratio of 2.6x. What is its P/E ratio? The stock price should be rounded to the nearest cent. Round your answer to two decimal places.

Weighted average cost of capital : Cruiseliners, Inc. has 230,000 shares of common stock outstanding at a market price of $40 a share. Cruiseliners' just paid an annual dividend in the amount of $1.75 per share. The dividend growth rate is 3 percent. The bonds are selling at 102 perce..

What is the multifactor productivity : The ABC Auto Service Center currently employs 5 technicians. With this crew, they can process 100 customers per day. The hourly wage rate for the technicians is $25: the overhead cost is 2 times the labor cost, and materials cost is $5 per customer, ..

What is the expected value of the investment payoff : Consider a coupon bond that has a face value of $100 and matures in 5 years. The coupon rate is 6% and coupons are paid annually. The current interest rate that lenders are willing to let the issuer borrow at is 8%. What is the expected value of the ..

Dupont and net income precious : DuPONT AND NET INCOME Precious Metal Mining has $7 million in sales, its ROE is 11%, and its total assets turnover is 4x. Common equity on the firm’s balance sheet is 40% of its total assets. What is its net income? Write out your answer completely. ..

User Account

All Pages