What is the price-earnings ratio


The following data have been taken from your company's financial records for the current year:

Earnings per share $10
Dividend per share $6
Market price per share $90
Book value per share $70

what is the price-earnings ratio ?

 

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What is the price-earnings ratio
Reference No:- TGS086136

Expected delivery within 24 Hours