P6-2. LMVL Co., a publicly listed company, reported earnings for the year amounting to Php25 Million with outstanding shares of 1 Million. The market value per share of LMVL Co. is Php122. What the P/E Ratio of LMVL Co. (round your answer to the nearest ones)? Suppose that LMVL Co. sets as the industry leader, LVVL Co. another player in the same industry is being eyed by an investor. The reported EPS of LVVL Co. is Php10. If the investor is aware of the LMVL Co.'s performance, how much should the investor value LVVL Co.?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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P6-2. LMVL Co., a publicly listed company, reported earnings for the year
amounting to Php25 Million with outstanding shares of 1 Million. The market
value per share of LMVL Co. is Php122. What the P/E Ratio of LMVL Co.
(round your answer to the nearest ones)?
Suppose that LMVL Co. sets as the industry leader, LVVL Co. another
player in the same industry is being eyed by an investor. The reported EPS
of LVVL Co. is Php10. If the investor is aware of the LMVL Co.'s
performance, how much should the investor value LVVL Co.?
Transcribed Image Text:P6-2. LMVL Co., a publicly listed company, reported earnings for the year amounting to Php25 Million with outstanding shares of 1 Million. The market value per share of LMVL Co. is Php122. What the P/E Ratio of LMVL Co. (round your answer to the nearest ones)? Suppose that LMVL Co. sets as the industry leader, LVVL Co. another player in the same industry is being eyed by an investor. The reported EPS of LVVL Co. is Php10. If the investor is aware of the LMVL Co.'s performance, how much should the investor value LVVL Co.?
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