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Explain the chart below : Date Stock Price PE Ratio 12/31/2017      1,169.5          $ 6.15         190.2 9/30/2017        961.4           $3.94         244.0 6/30/2017         968.0           $3.94         245.7 3/31/2017         886.5           $5.32         166.6 12/31/2016         749.9           $4.91         152.7 9/30/2016         837.3          $ 4.37         191.6 6/30/2016         715.6           $4.02         178.0 3/31/2016         593.6           $2.43         244.3

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Question

Finance

Explain the chart below :

Date

Stock Price

PE Ratio

12/31/2017

     1,169.5

         $ 6.15

        190.2

9/30/2017

       961.4

          $3.94

        244.0

6/30/2017

        968.0

          $3.94

        245.7

3/31/2017

        886.5

          $5.32

        166.6

12/31/2016

        749.9

          $4.91

        152.7

9/30/2016

        837.3

         $ 4.37

        191.6

6/30/2016

        715.6

          $4.02

        178.0

3/31/2016

        593.6

          $2.43

        244.3

Answer & Explanation Solved by verified expert
4.4 Ratings (765 Votes)
In this given chart last coloumn is representing Earnings per share as PE ratio Market price per share Earnings per share Followings are the calculations of    See Answer
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Transcribed Image Text

Explain the chart below :DateStock PricePE Ratio12/31/2017     1,169.5         $ 6.15        190.29/30/2017       961.4          $3.94        244.06/30/2017        968.0          $3.94        245.73/31/2017        886.5          $5.32        166.612/31/2016        749.9          $4.91        152.79/30/2016        837.3         $ 4.37        191.66/30/2016        715.6          $4.02        178.03/31/2016        593.6          $2.43        244.3

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