TashaKessler6343 TashaKessler6343

15-12-2020
Mathematics

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Find the PE ratio. Round to the nearest whole number.

Stock: Crown
Current Price per Share: $32.59
Annual Net Earnings per Share: $9.06

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Ritmeks Ritmeks

16-12-2020

Answer:

4

Step-by-step explanation:

The current price per share is $32.59

The annual net earnings per share is $9.06

Therefore the PE ratio can be calculated as follows

= $32.59/$9.06

= 3.59

= 4 (to the nearest whole number)

Hence the PE ratio is 4

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