Find the PE ratio. Round to the nearest whole number.
-Stock: BG + E
Current Price per Share: $32
Annual Net Earnings per Share: $0.27

Question

Quizplus · Accepted Answer

PE ratio is calculated by dividing the current price per share by the annual net earnings per share. In this case, the PE ratio would be 32/0.27=118.52, which should be rounded to the nearest whole number. Therefore, the correct answer is D) 119. PE ratio = Current Price per Share / Annual Net Earnings per Share

PE ratio = 32 / 0.27 = 118.5185

Rounding to the nearest whole number, the PE ratio is 119. Therefore, the best choice is D.

Find the PE Ratio