The closing price of a stock is $55.04 and the annual earnings per share is $2.51, find the P/E ratio.
A) 21.93
B) 151.97
C) 19.74
D) 138.15

Name: The closing price of a stock is $55.04 and the annual earnings per share is $2.51, find the P/E ratio. A) 21.93 B) 151.97 C) 19.74 D) 138.15
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Quizplus · Accepted Answer

P/E ratio = Closing price / Annual earnings per share= $55.04 / $2.51= 21.93

The Closing Price of a Stock Is $55