Look up the P/E and P/B ratios for American Electric Power (ticker symbol AEP), using Yahoo! Finance
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Look up the P/E and P/B ratios for American Electric Power (ticker symbol AEP), using Yahoo! Finance or another online source. Calculate the same ratios for the following potential comparables: Duke Energy (DUK), FirstEnergy Corporation (FE), PG&E Corporation (PCG), CenterPoint Energy (CNP), and Southern Company (SO). Are the ratios for these electric companies tightly grouped or scattered? If you didn’t know AEP’s stock price, would the comparables give a good estimate?
CorporationA Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1260566093
10th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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