NO.PZ201612170200000402
问题如下：
2. Based on Exhibit 1 and the note to Adesivo’s financial statements, the trailing P/E for Adesivo using underlying EPS is closest to:
选项：
A.17.7.
B.18.2.
C.18.4.
解释：
C is correct. The EPS figure that Silveira should use is diluted trailing EPS of R$0.81, adjusted as follows:
1. Subtract the R$0.04 non-recurring legal gain.
2. Add R$0.03 for the non-recurring factory integration charge.
No adjustment needs to be made for the R$0.01 charge related to depreciation because it is a recurring charge.
Therefore, underlying trailing EPS = R$0.81 – R$0.04 + R$0.03 = R$0.80 and trailing P/E using underlying trailing EPS = R$14.72/R$0.80 = 18.4.
这里的diluted EPS=0.81不是已经给出了吗？为什么还要再减去非经营的？
