Question: 1a. Your target price is incorrect. Intrinsic Value = Next Years EPS x P/E ratio. NOT Price = Current Price x (Trailing PE/Forward PE). b.
1a. Your target price is incorrect. Intrinsic Value = Next Years EPS x P/E ratio. NOT Price = Current Price x (Trailing PE/Forward PE).
b. Apples 2019 EPS ranges from a low of $9.7 to a high of $14. Then you can conduct scenario analysis with different EPS estimates and different P/E multiples.
How do i use this information to calculte Apple stocks target price?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
