The price-earnings ratio of a stock is given by R(P,E) = P/E where P is the price of the stock and E is the earnings per share. Recently, the price per share of a certain company was $33.02 and the earnings per share were $1.05. Find the price-earnings ratio. The price-earnings ratio is ? (Round to the nearest hundredth.)
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- The price per share \( P \) is given as $33.02. - The earnings per share \( E \) is given as $1.05. Show more…
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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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The price-to-earnings ratio (P/E ratio) of a stock is given by $$R(x, y)=\frac{x}{y}$$ where $x$ denotes the price per share of the stock and $y$ denotes the earnings per share. Estimate the change in the $\mathrm{P} /$ E ratio of a stock if its price increases from $\$ 60 /$ share to $\$ 62 /$ share while its earnings decrease from $\$ 4 /$ share to $\$ 3.80 /$ share.
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Find the required ratios. The $P / E$ ratio (price-to-earnings ratio) of a company's stock is the ratio of the price of the stock to the company's earnings (or profits) per share of stock, both measured in dollars. Find the P/E ratio of a stock that sells for $\$ 17.59$ and has an earnings of $\$ 0.76$ per share.
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