What is price-earnings ratio

Assignment Help Financial Management
Reference no: EM131530910

Frick & Frack has total assets (TA) of $1,230,500 and total asset turnover (TAT) of 1.4. The firm has a profit margin (PM) of 10.2 percent. There are 35,000 shares of stock outstanding with a market value of $32 a share. What is the price-earnings (P/E) ratio?

Reference no: EM131530910

Questions Cloud

The housing market significantly reduced the sale prices : The housing market significantly reduced the sale prices of homes by 37.5% during the height of the housing market fall.
What is the estimated value per share of your firm stock : What is the required rate of return on your company’s stock? What is the estimated value per share of your firm’s stock?
Farrell stock prices on the announcement : Market signaling studies suggest will happen to Farrell stock prices on the announcement? why?
What is your estimate of the stock current price : The company's stock has a beta of 1.55, the risk-free rate is 3%, and the market risk premium is 6%. What is your estimate of the stock's current price?
What is price-earnings ratio : There are 35,000 shares of stock outstanding with a market value of $32 a share. What is the price-earnings (P/E) ratio?
Current financial statements : You have looked at the current financial statements for Reigle Homes, Co. What is the price per share of the company's stock?
Plot of profit-loss profile of derivative hybrid created : Plot of the profit/loss profile of the derivative hybrid created when you combine one long futures positions with a futures price of 19,000 and three short stra
What is the current price per share of the stock : What is the current price per share of the stock? What is the new price per share of the existing shares of stock?
Show how rebecca can maintain her current cash flow : Suppose the company does convert to the new capital structure. Show how Rebecca can maintain her current cash flow.

Reviews

Write a Review

Financial Management Questions & Answers

  Predetermined amount of percentage of salary

which of the following is used to only allow you to insure an item when you yourself would suffer a loss should the item be damaged?  In which qualified plan, a predetermined amount of percentage of salary is paid out upon retirement:

  What is maturity risk premium for two-year security

The real risk-free rate is 3%, and inflation is expected to be 3% for the next 2 years. A 2-year Treasury security yields 6.3%. What is the maturity risk premium for the 2-year security?

  Cost of capital under circumstances

What is Nishant Ltd Cost of Capital under following circumstances:

  What is the yield to maturity for these bonds

Blue Crab, Inc. plans to issue new bonds, but is uncertain how the market would set the yield to maturity. The bonds would be 10-year to maturity, carry a 15.88 percent annual coupon, and have a $1,000 par value. Blue Crab, Inc. has determined that t..

  What is their net income

A Company has 12,000,000 in sales. COGS are 40% of sales. Operating costs are $1,200,000plus depreciation expense of $80,000 and interest expense $80,000. Tax rate is 40%. They have 1,000,000 shares of stock outstanding. What is their net income? If ..

  Ratio of market value per share to book value per share

The Holtzman Corp has assets of $400,000, current liabilities of $50,000, and long term liabilities of $100,000. There is $40,000 in preferred stock outstanding; 20,000 shares of common stock have been issued. Compute book value (net worth) per share..

  What is the effective interest

A man has a simple discount note for? - $6000 at an ordinary bank discount rate of 8.53 % for 60 days. - What is the effective interest? rate?

  Calculate the cost of equity using the dcf-sml method

Epley Industries stock has a beta of 1.30. The company just paid a dividend of $.30, and the dividends are expected to grow at 4 percent. The expected return on the market is 13 percent, and Treasury bills are yielding 4.5 percent. The most recent st..

  Which will be depreciated straight-line to zero book value

Gooleys Lunch Wagons Inc. is considering project with initial fixed asset cost of $2.46 million which will be depreciated straight-line to zero book value.

  Finance the repurchase through issuance of new debt

The yield to maturity of the debt is 5%, the equity-holders require a 20% return, and the company pays 30% corporate tax. They have recently decided to repurchase £5,000,000 worth of equity, and finance the repurchase through the issuance of new d..

  What is the levered value of the equity

Alexandria's Dance Studio is currently an all-equity firm with earnings before interest and taxes of $338,000 and a cost of equity of 14.2 percent. The tax rate is 34 percent. Alexandria is considering adding $400,000 of debt with a coupon rate of 7 ..

  What would the new equity be worth

The risk-free rate is 4%; the equity premium is 3%. What is the firm's beta? The firm is pondering a recapitalization to $1,000 debt, which would increase the debt's interest rate to 8%.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd