Question: Net profit for the year 2 0 2 0 - 2 1 of Alpha Limited is Rs . 1 4 0 crores. Number of equity
Net profit for the year of Alpha Limited is Rs crores. Number of equity shares outstanding on
is crore on : crore shares were outstanding The company had announced bonus
ISSue in the ratio of : on : Basic EPS of was Rs Calculate basic EPS of and
Compare it with last year. If market price of each share on is Rs calculate trailing PE ratio. If the
industry median PE ratio is higher, what is vour conclusion based on the PE you get for Alpha?
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
