Zzz corps stock price at the end of last year was 22.45 and its earnings per share for the year were $ 1.75 . What was its P / E ratio ? a . 15.34 B. 16.35 c . 21.95 D 12.83 e . 18.48
Financial Ratios
A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived from the financial statements, it is termed as the accounting ratio.
Return on Equity
The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.
Zzz corps stock price at the end of last year was 22.45 and its earnings per share for the year were $ 1.75 . What was its P / E ratio ?
a . 15.34
B. 16.35
c . 21.95
D 12.83
e . 18.48
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