Juniper Trees has earnings per share of $1.38, all of which is added to retained earnings. What is the value of a share of its stock if the PE ratio is 9.8 and market-to-book ratio is 2.5? A) $13.52
B) $13.67
C) $15.30
D) $33.80
E) $34.18

Value of a share of stock is $13.52 A

Explanation:

The Price Earnings Ratio (P/E Ratio) is the ratio that shows  a company's worth or value and gives investors an idea of what to expect of the market and price per unit to be paid currently or later ( future). it is calculated as

Price earnings ratio = Stock price per share / Earnings per share

9.8 =Stock price per share   / $1.38

Stock price per share  = 9.8 x $1.38

= $13.52

Value of a share of stock is $13.52

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