Question: The PB, trailing PE, and forward PE data follow for four companies. Determine the current ROE for each company. Note: ROE = PB/Trailing PE. Company
The PB, trailing PE, and forward PE data follow for four companies. Determine the current ROE for each company. Note: ROE = PB/Trailing PE.
| Company | PB | Trailing PE | Forward PE | |
|---|---|---|---|---|
| Apple | 4.07 | 13.64 | 11.33 | |
| Outerwall | 3.28 | 11.35 | 11.94 | |
| PPG Industries | 5.27 | 8.82 | 20.10 | |
| Hershey | 16.43 | 28.24 | 23.65 |
Round answers to one decimal place (ex: 0.2345 = 23.5%)
| Company | ROE | |
|---|---|---|
| Apple | Answer | |
| Outwall | Answer | |
| PPG Industries | Answer | |
| Hershey | Answer |
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