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please help. Help answer the following question and explain your answer. The fol

ID: 1175100 • Letter: P

Question

please help. Help answer the following question and explain your answer.



The following is an excerpt from a stock price table. It shows data for four companies: Biontech (BNT), a biotechnology research company; Abstract Dynamics (AD), a defense contractor; All Electric (AE), which operates in a number of industries; and Wheaty Mills (WMS), most famous for producing popular cereals. Yield Vol 52W 52W High Low 68.25 38.15 101.94 76.49 Abstract Dynamics AD 1.44 1.4 18 8442 100.13 -0.02 34.57 27.37 Stock Ticker Div (96) P/E 00s ciose Net Chg Biontech BNT 88 21966 52.14 0.12 All Electric AE 0.8 2.4 22 139227 33.45 0.14 WMS 1.24 2.8 16 11801 45.09 0.29 50 43.51 Wheaty Mills has the highest price-to-earnings (P/E) ratio. According to the stock table, The stock with the lowest earnings per share is

Explanation / Answer

Highest P/E = 88 for Biontech

Lowest Earnings per share - All Electric

Calculate current price = Dividend / Dividend yield = .8 / .024 = 33.33333

Using P/E = Price / Earnings per share

we know, Price of the share from above calculation and P/E is given.

Earnings per share = 33.33333 / 22 = 1.5151.