Calculate the company’s forward P/E ratio

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 76E
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Calculate the company’s forward P/E ratio

On December 31, 2021, the stock of National Co. was trading at P32.80. The
following information is provided:
EPS for 2021
Expected EPS in the first quarter of 2022
Expected EPS in the second quarter of 2022
Expected EPS in the third quarter of 2022
Expected EPS in the fourth quarter of 2022
P2.50
P0.47
PO.75
P0.83
P0.80
Transcribed Image Text:On December 31, 2021, the stock of National Co. was trading at P32.80. The following information is provided: EPS for 2021 Expected EPS in the first quarter of 2022 Expected EPS in the second quarter of 2022 Expected EPS in the third quarter of 2022 Expected EPS in the fourth quarter of 2022 P2.50 P0.47 PO.75 P0.83 P0.80
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