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Q Search this course work t: Module 1 Homework Save Submit Assignment for Grading Probleas 4.0 Check My Work (3 remaininp) O Click here to read the eBook: Market Value Ratios PRICE /EARNINGS RATIO A company has an EPS of $4.35, a bock value per share of $45.24, and a market/book ratio of 3.3s. What is Rs P/E ratio? The stock price should be reunded to the nearest cent Round your answer O to two decimal places
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Answer #1

Price per share = 3.3 × $45.24 = $149.292

P/E ratio = $149.292 / $4.35 = 34.32x   

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