Percentage Change in P/E Ratio
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The following table shows the Price to Earnings ratio for a stereo equipment manufacturing between 1998 and 2002.
Determine the percentage change in the P/E ratios from 1999 to 2000.
Year P/E Ratio
1998 12.4
1999 14.6
2000 11.1
2001 8.2
2002 6.8
=
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Solution Summary
The solution provides step by step method for the calculation of percentage change in P/E ratio.
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Answer
Change in the P/E ratios from 1999 to 2000 = 14.6 - 11.1 = ...
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