Asked by kimmy
AviBank Plastics generated an EPS of $2.75 over the last 12 months. The company’s
earnings are expected to grow by 25% next year, and because there will be no
significant change in the number of shares outstanding, EPS should grow at about the
same rate. You feel the stock should trade at a P/E of around 30 times earnings. Use
the P/E approach to set a value on this stock
earnings are expected to grow by 25% next year, and because there will be no
significant change in the number of shares outstanding, EPS should grow at about the
same rate. You feel the stock should trade at a P/E of around 30 times earnings. Use
the P/E approach to set a value on this stock
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