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
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
Section: Chapter Questions
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.
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