If price-earnings ratio is 0.05 and earnings per share is ₹8, the market price of share will be —

CS Executive · Cost and Management Accounting · PYQS · December 2016
If price-earnings ratio is 0.05 and earnings per share is ₹8, the market price of share will be —
(A) ₹120
(B) ₹100
(C) ₹160
(D) ₹0.40

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Financial Management

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