Question

PEGCOR has a P/E ratio of 18.6. Earnings per share are $2.06, and the expected EPS...

PEGCOR has a P/E ratio of 18.6. Earnings per share are $2.06, and the expected EPS 5 years from today are
$3.33. Calculate the PEG ratio
To calculate the PEG Ratio, use this formula
Stock's P/E ratio / 3- to 5-year growth rate in earnings

The answer is 1.85 but I can't figure out how they got to that answer.

0 0
Add a comment Improve this question Transcribed image text
Know the answer?
Add Answer to:
PEGCOR has a P/E ratio of 18.6. Earnings per share are $2.06, and the expected EPS...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT