Is it possible to have P/E Ratio at the lower value (referring to the picture)? For example in 2015, if calculate it, I will get 0.2. Should I write it as "0.2 times"? I doesn't make sense for me. If the answer is 0.2, then is it correct to write the answer as "0.2 times"? Or this is wrong? I am confused

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
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Problem 33MCQ: Selected information for Berry Company is as follows: Berrys return on equity rounded to the nearest...
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Is it possible to have P/E Ratio at the lower value (referring to the picture)? For example in 2015, if calculate it, I will get 0.2. Should I write it as "0.2 times"? I doesn't make sense for me. If the answer is 0.2, then is it correct to write the answer as "0.2 times"? Or this is wrong? I am confused.
A. Price Earning Ratio (P/E Ratio)
Share Price
PE Ratio=
EPS
Year
Price Earning Ratio (P/E Ratio)
2015
RM1.14
RM5.70
RM1.05
2016
RM3.30
2017
RM1.04
RM6.21
2018
RM0.66
RM 6.20
2019
RM0.73
RM4.91
Transcribed Image Text:A. Price Earning Ratio (P/E Ratio) Share Price PE Ratio= EPS Year Price Earning Ratio (P/E Ratio) 2015 RM1.14 RM5.70 RM1.05 2016 RM3.30 2017 RM1.04 RM6.21 2018 RM0.66 RM 6.20 2019 RM0.73 RM4.91
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