The Price / Earnings Ratio (P/E) is defined as the price per stock share divided...

90.2K

Verified Solution

Question

Accounting

image

The Price / Earnings Ratio (P/E) is defined as the price per stock share divided by the EPS. 4. Sigma-Harding has a price per share of $63.67. Based on the earnings quoted above and the information in question 1, what is its P/E? 5. If the price of Sigma-Harding stock drops, what will happen to P/E? 6. If the earnings of Sigma-Harding rise, what will happen to P/E? 7. Take two companies, Nike and Exxon-Mobile. If Nike has a P/E of 21.23 and Exxon-Mobil has a P/E of 15.45. What can we say about the performance of the two companies or their stock based on their P/E ratios? Arithmetic in Business BA 101 Page 1 8. I have $15,000 to invest in the stock market. Microsoft stock is currently selling for $29.29. How many shares can I buy

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