问题 单项选择题

An analyst gathered the following information for a U.S. company whose common stock is currently priced at $ 40 per share:

A.

B.2000

C.2001

D.2002

E.2003

F.2004

G.Eamings per share

H.1.13

I.0.67

J.1.33

K.1.50

L.(1.30)

M.Book value per share

N.8.48

O.8.91

P.15.75

Q.18.37

R.17.65

S.Return on equity

T.14%

U.7%

V.7%

W.8%

X.8%

答案

参考答案:B

解析:Using average ROE provides a better estimate of P/E when a company's size has changed. The average ROE is 8.8; an estimate of normal earnings per share can be derived by multiplying average ROE by ending book value per share: 0.088×17.65 per snare=$1.55 normal earnings per share, P/E =40+1.55=25.8.

选择题
单项选择题