# 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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