Perception change if the economic climate changes


Problem: Based on the income statement below (look at the price-to-earnings ratio) do you think it(your company) looks undervalued? Could that perception change if the economic climate changes? Do you believe your company's valuation is being impacted today if let's say, your company was only a regional player? What is the basis for your conclusion? (by the looks of the income statement.

2019_Income Statement.jpg

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Microeconomics: Perception change if the economic climate changes
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