Market-value ratios?
Garret Industries has a? price/earnings ratio of 19.46X.
a. If? Garret's earnings per share is ?$1.45 what is the price per share of? Garret's stock?
b. Using the price per share you found in part determine the? price/book ratio if? Garret's equity book value per share is $ 9.02.
a. The price per share of? Garret's stock is .........?(Round to the nearest? cent.)
b. ?Garret's? price/book ratio is..............X. (Round to two decimal? places.)