Castles in the sand generates a roe of 235 percent and


Castles in the Sand generates a ROE of 23.5 percent and maintains a payout ratio of 0.6 . Its earnings this coming year will be $ 3.61 per share. Investors expect a return of 14.20 percent on the stock. What is the stocks P/E ratio?

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Financial Management: Castles in the sand generates a roe of 235 percent and
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