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 SPS 2016 $94.50 4.34 7.27 52.60 2017 $100.40 5.05 8.24 58.52 2018 $99.10 5.22 8.71 57.90 2019 $97.90 6.06 10.12 60.69 2020 $121.50 7.00 11.80 71.60 2021 $136.80 8.00 13.10 78.70
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 SPS 2016 $94.50 4.34 7.27 52.60 2017 $100.40 5.05 8.24 58.52 2018 $99.10 5.22 8.71 57.90 2019 $97.90 6.06 10.12 60.69 2020 $121.50 7.00 11.80 71.60 2021 $136.80 8.00 13.10 78.70
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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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
CFPS
SPS
2016
$94.50
4.34
7.27
52.60
Using PE ratio
Using P/CF ratio
Using P/S ratio
2017
$ 100.40
5.05
8.24
58.52
$
$
$
2018
$99.10
5.22
8.71
57.90
Share Price
132.80
140.60
143.50
2019
$97.90
6.06
10.12
60.69
2020
$ 121.50
7.00
11.80
71.60
2021
$ 136.80
8.00
13.10
78.70
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