Question: Given the information below for Seger Corporation, compute the expected share price at the end of 2020 using price ratio analysis. Assume that the historical
Given the information below for Seger Corporation, compute the expected share price at the end of 2020 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2020. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Year Price EPS CFPS SPS 2014 $84.90 2.70 7.92 66.50 Using PE ratio Using P/CF ratio Using P/S ratio 2015 2017 2016 $90.80 $ 89.50 $ 87.00 4.91 4.21 9.10 10.77 70.90 74.40 3.41 8.76 71.50 Share Price 2018 $108.50 7.65 12.19 85.60 2019 $123.90 8.65 13.36 93.60
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