Prawal Kapoor posted an Question
August 06, 2021 • 22:15 pm 30 points
  • UGC NET
  • Management

15. a company has a profit attributable to ordinary shareholders of rs. 100,000. the number of ordinary shares of rs. 1 in issue during the year was 300,000. th

15. A company has a profit attributable to ordinary shareholders of Rs. 100,000. The number of ordinary shares of Rs. 1 in issue during the year was 300,000. The market value of the company's shares at the yearend was Rs. 6.50. The price/earnings ratio for this company is? 0.05 times 0.33 times 6.5 times 19.5 times

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  • Rucha rajesh shingvekar best-answer

    EPS= Profit / No. of shares = 100000/300000 =0.33 PE ratio formula =market value per share/Earning per share =6.5/0.33 =19.69 approximately 19.50 So correct answer is option (d) =19.50 times

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