In: Finance
Given the information below for Seger Corporation, compute the expected share price at the end of 2020 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2020. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
Year | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | ||||||
Price | $ | 87.90 | $ | 93.80 | $ | 92.50 | $ | 90.00 | $ | 111.50 | $ | 126.90 |
EPS | 4.64 | 5.35 | 6.15 | 6.85 | 7.90 | 8.90 | ||||||
CFPS | 8.17 | 8.96 | 9.25 | 11.02 | 12.34 | 13.46 | ||||||
SPS | 69.00 | 74.00 | 73.40 | 76.90 | 88.10 | 96.10 | ||||||