An analyst wants to calculate an appropriate price to earnings (P/E) ratio for a company that operated in a cyclical industry. The analyst determined that the company's average return on equity was 14.5 percent during the four-year period ending in 2008, and that the company's book value per share was $9.8 at the beginning of that period but had increased to $13.58 in 2008. If the company's stock is priced at $50 per share, the appropriate P/E is closest to:

[单选题]Robert Higgins is estimating the price-earnings (P/E) ratio that will be ap

[单选题]A firm's price-to-earnings ratio (P/E) is 12.5. The firm has decided to rep

[单选题]A firm's price-to-earnings ratio (P/E) is 12.5. The firm has decided to rep

[单选题]An analyst is assessing a company's quality of earnings by looking at the c

[单选题]An analyst does research about various price multiple. For a given company,

[单选题]An analyst gathered the following data about a company:·The historical earn

[单选题]An analyst determines that a company has a return on equity of 16% and pays

[单选题]An analyst uses a stock screener and selects the following metrics: a globa

[单选题]An analyst feels that Brown Company's earnings and dividends will grow at 2

[单选题]An analyst who needs m model and forecast a company's earnings for the next