An investor web page claims thatearnings per share is the bestmeasure of a share's true price because
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An investor web page claims thatearnings per share is the bestmeasure of a share's true price because it shows you how much of a company's profit after tax that each shareholder owns. Look up the most recent earnings per share figure of Amazon. What is its stock price today? 3/2/2023 What is its P/E (Stock price / EPS)ratio? Would you buy Amazon stock given these numbers? Why or why not?
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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