A company has earnings per share of $8.80. Its dividend per share is $1.45, its...

60.1K

Verified Solution

Question

Accounting

A company has earnings per share of $8.80. Its dividend per share is $1.45, its market price per share is $102.96, and its book value per share is $79. Its price-earnings ratio equals:

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students