Company cuz closed at $52.93 per share with a P/E ratio of 15.17 how much were earnings per share
1 answer:
Answer: $3.49
Step-by-step explanation:
Earnings per share shows how much of the profit of the company every share will get.
You can use it to calcutae the P/E ratio through the following formula:
P/E ratio = Share price / Earnings per share
15.17 = 52.93 / EPS
EPS * 15.17 = 52.93
EPS = 52.93 / 15.17
= $3.49
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