Given the information below for Seger Corporation, compute the expected share price at the end of 2022 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2022. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Year Price EPS CFPS 2016 $ 84.90 2.70 SPS 7.92 66.50 2017 $ 90.80 3.41 8.76 2018 $ 89.50 4.21 2019 2020 2021 $ 87.00 $ 108.50 $ 123.90 4.91 7.65 8.65 9.10 10.77 12.19 13.36 71.50 70.90 74.40 85.60 93.60 Using PE ratio Using P/CF ratio Using P/S ratio Share Price

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
10th Edition
ISBN:9781337902571
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter8: Risk And Rates Of Return
Section: Chapter Questions
Problem 22SP
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Given the information below for Seger Corporation, compute the expected share price at the end of 2022 using price ratio
analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2022.
Note: Do not round intermediate calculations. Round your answers to 2 decimal places.
Year
Price
EPS
2016
$ 84.90
2.70
CFPS
7.92
2017
$ 90.80
3.41
8.76
2018
$ 89.50
4.21
2019
2020
2021
$87.00 $ 108.50 $ 123.90
4.91
7.65
8.65
9.10
10.77
12.19
13.36
SPS
66.50
71.50
70.90
74.40
85.60
93.60
Using PE ratio
Using P/CF ratio
Using P/S ratio
Share Price
Transcribed Image Text:Given the information below for Seger Corporation, compute the expected share price at the end of 2022 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2022. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Year Price EPS 2016 $ 84.90 2.70 CFPS 7.92 2017 $ 90.80 3.41 8.76 2018 $ 89.50 4.21 2019 2020 2021 $87.00 $ 108.50 $ 123.90 4.91 7.65 8.65 9.10 10.77 12.19 13.36 SPS 66.50 71.50 70.90 74.40 85.60 93.60 Using PE ratio Using P/CF ratio Using P/S ratio Share Price
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