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Series 7: Investment Information & Recommendations
Series 7 practice questionmediumAnalysis and Valuation 526

A stock selling at $32 with earnings per share of $2 has a price-to-earnings ratio of:

  1. A2
  2. B18
  3. C14
  4. D16✓ Correct answer
Explanation

Why D16

The P/E ratio equals market price per share divided by earnings per share. $32 divided by $2 equals 16.

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