SOLUTION: Find the P-E ratio to the nearest tenth for a stock if the most recent closing price is 55 and the annual earnings were $2.25 per share.

SOLUTION: Find the P-E ratio to the nearest tenth for a stock if the most recent closing price is 55 and the annual earnings were $2.25 per share.

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Question 448594: Find the P-E ratio to the nearest tenth for a stock if the most recent closing price is 55 and the annual earnings were $2.25 per share.
Answer by jorel1380(3719) (Show Source): You can put this solution on YOUR website!
$55/$2.25=24.44..
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