What is the justified leading P/E ratio of the Tencent Holdings Ltd. given the following information:current price per share: $ 14.38the expected payout ratio: 23.74% earning per share for the last reporting period: $3.8the appropriate discount rate for this risk class: 8.33% the expected growth rate in earnings and dividends: 5.84 %.

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
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What is the justified leading P/E ratio of the Tencent Holdings Ltd. given the following information:current price per share: $ 14.38the expected payout ratio: 23.74% earning per share for the last reporting period: $3.8the appropriate discount rate for this risk class: 8.33% the expected growth rate in earnings and dividends: 5.84 %. 

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