Suppose you own stock in Nguyen Science Services which had earnings of $0.60 per share last year. If yesterday's closing price was \$19.20, what is the price-earnings ratio of the stock? (Round to the nearest whole number.)
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Step 1: The price-earnings ratio is calculated by dividing the stock's current market price by its earnings per share. Show more…
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Kari H.
Assume that on a particular day, the DJIA opened at 10,769.71. The divisor at that time was .1327873710. Suppose on this day the prices for 29 of the stocks remained unchanged and one stock increased $5.20. What would the DJIA level be at the end of the day? (Round your answer to 2 decimal places.) DJIA level?
Akash M.
The price-earnings ratio of a stock is given by $$R(P, E)=\frac{P}{E}$$ where $P$ is the price of the stock and $E$ is the earnings per share. The price per share of Hewlett-Packard stock was $\$ 32.03$, and the earnings per share were \$ 1.25 .$ (Source: yahoo. finance.com.) Find the price-earnings ratio. Use decimal notation rounded to the nearest hundredth.
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