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A stock has a price of $49.63 and earnings per share of $4.15. What is the...

A stock has a price of $49.63 and earnings per share of $4.15. What is the price-earnings ratio?

Enter your response below rounded to 2 DECIMAL PLACES.

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Answer #1

Ans 11.96

price-earnings ratio = Share Price / Earning Per share

                             = 49.63 / 4.15

                             = 11.96

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