Question:

Company XYZ closed at $47.87 per share with a P/E ratio of

Last updated: 7/22/2022

Company XYZ closed at $47.87 per share with a P/E ratio of

Company XYZ closed at $47.87 per share with a P/E ratio of 14.14. Answer the following questions. a. How much were earnings per share? b. Does the stock seem overpriced, underpriced, or about right given that the historical P/E ratio is 12-14? a. How much were earnings per share?