问题如下:
2. What is the stock’s justified trailing P/E based on the stock’s value estimated by Rae?
选项:
A.5.01.
B.5.24.
C.5.27.
解释:
A is correct.
The justified trailing P/E or P0/E0is V0/E0, where V0 is the fair value based on the stock’s fundamentals. The fair value V0 computed earlier is $10.62 and E0 is $2.12. So, the justified trailing P/E is 10.62/2.12 = 5.01.
为什么不能用公式justified trailing P/E=(1-b0)(1+g)/(r-g)? 是否是(1-0.278)*(1+0.06)/(0.1115-0.06)但算出的和答案不同。