Question: LaTaunt Industries has after tax earnings of $875 million. The company has 104 million common shares outstanding and a current market capitalization of $18.375 billion.

LaTaunt Industries has after tax earnings of $875 million. The company has 104 million common shares outstanding and a current market capitalization of $18.375 billion. The consensus of the stock analysts that follow the stock expect annual earnings per share to grow by 12%. What is the company’s price-earnings ratio and PEG ratio?

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Priceearnings Ratio The priceearnings ratio PE is a financial ratio used to measure a companys current stock price relative to its pershare earnings T... View full answer

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