Schneider Manufacturing Corporation has a PE ratio of $32.17. It has an expected earnings per share of $1.93. What is the current stock price for Schneider?

Name: Schneider Manufacturing Corporation has a PE ratio of $32.17. It has an expected earnings per share of $1.93. What is the current stock price for Schneider?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The stock price can be calculated by multiplying the PE ratio by the earnings per share (EPS). So, $32.17 * $1.93 = $62.09.

Schneider Manufacturing Corporation Has a PE Ratio of $32