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Suppose the EPS (earnings per share) of Wal-Mart stock is $2 and the current price per earnings ratio is 10. What is the current price of Wal-Mart stock
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Suppose the EPS (earnings per share) of Wal-Mart stock is $2 and the current price per earnings ratio is 10. What is the current price of Wal-Mart stock

User Oezi
by
7.9k points

1 Answer

7 votes

Answer:

$20

Step-by-step explanation:

Price / earnings per share = 10

earnings per share = $2

price / $2 = 10

Price = $20

User JayC
by
8.0k points
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