Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Finance & Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=411)
-   -   How do you calculate the price per share of stock? (https://www.askmehelpdesk.com/showthread.php?t=647223)

  • Mar 30, 2012, 03:07 PM
    manda76
    How do you calculate the price per share of stock?
    This is the problem given:

    You are given the following information: Stockholders' equity = $5.75 billion; price/earnings ratio = 21.5; common shares outstanding = 72 million; and market/book ratio = 1.2. Calculate the price of a share of the company's common stock. Round your answer to two decimal places.

    I keep getting the answer wrong and I don't know what else to try! Help please!

  • All times are GMT -7. The time now is 09:20 AM.