DJIA P/E: The Dow Jones Industrial Average (DJIA) is the oldest and probably the most...
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DJIA P/E: The Dow Jones Industrial Average (DJIA) is the oldest and probably the most well-known stock market index. It is a price-weighted index, which means that its component stocks carry different weights proportional to their stock prices. In the following Table I have given you the investment weights for DJIA component stocks. Please use Yahoo ! Finance to find out their consensus projected EPS for Next Year and fill in the table.
stocks | Weight (%) | Projected EPS in $ | Weight * EPS |
MMM | 5.75 |
|
|
AXP | 3.1 |
|
|
AAPL | 4.56 |
|
|
BA | 5.28 |
|
|
CAT | 3.09 |
|
|
CVX | 3.27 |
|
|
CSCO | 1.05 |
|
|
KO | 1.59 |
|
|
DIS | 4.12 |
|
|
DD | 2.08 |
|
|
XOM | 3.04 |
|
|
GE | 1 |
|
|
GS | 7.62 |
|
|
HD | 4.71 |
|
|
IBM | 5.98 |
|
|
INTC | 1.15 |
|
|
JNJ | 3.8 |
|
|
JPM | 2.59 |
|
|
MCD | 3.84 |
|
|
MRK | 2.18 |
|
|
MSFT | 1.76 |
|
|
NKE | 4.52 |
|
|
PFE | 1.3 |
|
|
PG | 2.86 |
|
|
TRV | 4.02 |
|
|
UTX | 3.7 |
|
|
UNH | 4.68 |
|
|
VZ | 1.86 |
|
|
V | 2.88 |
|
|
WMT | 2.62 |
|
|
What is DJIAs EPS (please use weighted average, i.e. multiply the numbers in the second and third columns of the above table and add up.)? And what is its P/E ratio (based its closing price of 21987.56 on September 1st, 2017?
DJIA EPS (sum of the last column) =
DJIA forward P/E =
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