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Price per share is Rs 30 and an earning per share is Rs 3.5 then price for earning ratio would be
Answer & Solution
Correct Answer:
Option
A
Price for earning ratio = Price per share ÷ Earning per share
= Rs 30 ÷ Rs 3.5 = 8.57 times
= Rs 30 ÷ Rs 3.5 = 8.57 times
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