The stock price for Walmart was $69.56, $63.75, $72.95, $71.17, and $110.74 for fiscal years...

50.1K

Verified Solution

Question

Finance

The stock price for Walmart was $69.56, $63.75, $72.95, $71.17, and $110.74 for fiscal years ending 2016, 2017, 2018, 2019, and 2020, respectively.

1. What was the P/E ratio for the past five years and how would you interpret the trend? That is, whats happening to its perceived value?

2. Using the same stock prices above and using the shares outstanding for each respective year what was the companys market capitalization? Comment on the companys market capitalization trend. What was the Market-to-Book Ratio for the past five years?

Shares outsranding:

2016: 602.2 2017: 556.2 2018: 541.7 2019: 517.8 2020: 504.2

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