Given the information below for Seger Corporation, compute the expected share price at the end of 2022 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2022. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Year Price 2016 $81.90 2017 $ 87.80 EPS 3.20 CFPS 7.67 2018 $86.50 3.91 4.71 8.56 8.95 2019 2020 $84.00 $ 105.50 2021 $120.90 5.41 7.40 8.40 10.52 12.04 13.26 SPS 64.00 69.00 68.40 71.90 83.10 91.10 Using PE ratio Using P/CF ratio Using P/S ratio Share Price

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
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Given the information below for Seger Corporation, compute the expected share price at the end of 2022 using price ratio analysis.
Assume that the historical (arithmetic) average growth rates will remain the same for 2022.
Note: Do not round intermediate calculations. Round your answers to 2 decimal places.
Year
Price
EPS
2016
$ 81.90
3.20
CFPS
7.67
2017
$ 87.80
3.91
8.56
2018
$ 86.50
4.71
2019
2020
2021
$ 84.00 $ 105.50 $ 120.90
5.41
7.40
8.40
8.95
10.52
12.04
13.26
SPS
64.00
69.00
68.40
71.90
83.10
91.10
Using PE ratio
Using P/CF ratio
Using P/S ratio
Share Price
Transcribed Image Text:Given the information below for Seger Corporation, compute the expected share price at the end of 2022 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2022. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Year Price EPS 2016 $ 81.90 3.20 CFPS 7.67 2017 $ 87.80 3.91 8.56 2018 $ 86.50 4.71 2019 2020 2021 $ 84.00 $ 105.50 $ 120.90 5.41 7.40 8.40 8.95 10.52 12.04 13.26 SPS 64.00 69.00 68.40 71.90 83.10 91.10 Using PE ratio Using P/CF ratio Using P/S ratio Share Price
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