Suppose a company has a stock price of $21.1 and has had earnings of $1.93 per...
Suppose a company has a stock price of $21.1 and has had earnings of $1.93 per share during the last twelve months. The consensus analyst forecast for earnings growth over the next five years is 8.9% per year. What is this stock's PEG, rounded to two decimal places?
Homework Answers
The PEG ratio is computed by using the below formula:
= P/E Ratio / Earnings growth rate
P/E ratio is computed by using the below formula:
= MPS / EPS
= $ 21.1 / $ 1.93
= 10.93 Approximately
Earnings growth rate = 8.9%
By plugging these values in the above mentioned formula, we shall get:
= 10.93 / 8.9
= 1.23 Approximately
Feel free to ask in case of any query relating to this question
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am sorry that I have uploaded more than one question, because I
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you can help me answer this question. If you can only answer one
question, please do not answer this question, thank you. and i need
the hole slove process function
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