Problem 6-24 Price Ratio Analysis for Internet Companies (LO4, CFA8)
Given the information below for StartUp Co., compute the expected share price at the end of 2020 using price ratio analysis. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Year | 2016 | 2017 | 2018 | 2019 | ||||
Price | N/A | $ | 75.12 | $ | 102.32 | $ | 111.18 | |
EPS | N/A | −8.20 | −.55 | −3.89 | ||||
CFPS | N/A | −11.70 | −8.90 | −4.83 | ||||
SPS | N/A | 7.60 | 11.10 | 14.60 | ||||
What is Share Price?
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