Company XYZ closed at $108.82 per share with a P/E ratio of 14.27. Answer the following questions. a. How much were ea
Posted: Mon Jul 11, 2022 12:51 pm
Company XYZ closed at
$108.82
per share with a P/E ratio of
14.27.
Answer the following questions.
a.
How much were earnings per share?
b.
Does the stock seem overpriced, underpriced, or aboutright given that the historical P/E ratio is 12-14?
Question content area bottom
Part 1
a. How much were earnings per share?
$enter your response here
(Round to the nearest cent as needed.)
Part 2
b. Based on the fact that Company XYZ stock historically tradesat an average P/E ratio of 12-14, does the stock priceseem overpriced, underpriced, or about right?
Underpriced
Overpriced
About right?
$108.82
per share with a P/E ratio of
14.27.
Answer the following questions.
a.
How much were earnings per share?
b.
Does the stock seem overpriced, underpriced, or aboutright given that the historical P/E ratio is 12-14?
Question content area bottom
Part 1
a. How much were earnings per share?
$enter your response here
(Round to the nearest cent as needed.)
Part 2
b. Based on the fact that Company XYZ stock historically tradesat an average P/E ratio of 12-14, does the stock priceseem overpriced, underpriced, or about right?
Underpriced
Overpriced
About right?