P/E Ratio and Stock Price International Business Machines (IBM) has earnings per share of $7.80 and a P/E ratio of 15.38. What is the stock price?
Multiple Choice
$46.36
$.51
$1.97
$119.96
P/E ratio=stock price/EPS
Hence stock price=(15.38*7.8)
which is equal to
=$119.96(Approx).
P/E Ratio and Stock Price International Business Machines (IBM) has earnings per share of $7.80 and...
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