Question

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

Answer 1

4

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