A company had a market price of $39.40 per share, earnings per share of $2.20, and dividends per share of $1.35. Its price-earnings ratio equals:

Question

asked Apr 23, 2021 171k views

1 Answer

Amxx · Answer 1 · 2021-04-28T06:03:23+0000

Answer:

Price earning ratio = $17.9

Step-by-step explanation:

Price earning ratio = Market Price share / Earning Per Share

Price earning ratio = $39.40/$2.2

Price earning ratio = $17.9