Pfizer, Inc. (PFE) has earnings per share of $2.09 and a P/E ratio of 11.02. What is the stock price?
A) $0.19
B) $5.27
C) $18.97
D) $23.03

Name: Pfizer, Inc. (PFE) has earnings per share of $2.09 and a P/E ratio of 11.02. What is the stock price? A) $0.19 B) $5.27 C) $18.97 D) $23.03
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Question

Quizplus · Accepted Answer

The stock price is calculated by multiplying the earnings per share (EPS) by the P/E ratio. So, $2.09 (EPS) * 11.02 (P/E ratio) = $23.03.