Problem 7.13 – The Flower Co., Stock Price Based on Earnings and PE Ratio
Essentials of Corporate Finance
Ross, Westerfield, and Jordan
10th Edition and 11th Edition
What stock price would you consider appropriate based on the earnings and benchmark PE ratio of Flower Co.? What if the benchmark PE were different? Using the benchmark PE to determine the stock prices for Flower Co.
Calculator Preview
Your numbers will vary.