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29 April, 13:44

The perfect rose co. has earnings of $1.70 per share. the benchmark pe for the company is 20. what stock price would you consider appropriate?

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  1. 29 April, 15:46
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    The Perfect Rose Co. has earnings of $1.70 per share. The benchmark PE for the company is 20.

    What stock price would you consider appropriate? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

    Stock price = Earning per Share * PE Ratio

    Stock price = 1.70*20

    Stock price = $ 34

    What if the benchmark PE were 23? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

    Stock price = Earning per Share * PE Ratio

    Stock price = 1.70*23

    Stock price = $ 39.10
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