question archive Find the PE ratio

Find the PE ratio

Subject:FinancePrice:2.86 Bought11

Find the PE ratio. Round to the nearest whole number. Stock BGE Current Price per Share: $34 Annual Net Earnings per Share: $ 0.26 B) 200 091 A) 100 D) 131 A B 0 000 ? D 

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Answer:

PE ratio = Price share / Annual net earnings per share

= $34 / $0.26

= $130.77 \approx 131

Hence, option D is correct