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Benny, a listed entity, has 5,000,000 issued ordinary equity shares with a par value of 20 cents each. There were no movements of issued share capital during the year. Benny had the following results for the year ended 30 April 20X3.
The quoted price of Benny shares on 30 April 20X3 was $1.50. Calculate the P/E ratio of Benny on this date. ________ |