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8.42,题目中不是也说了是fair value 么