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If share price equals to eps times price earnings ratio increasing eps should increase share price and is this statement right?
Wiki User
∙ 14y ago
Yes
EPS 38c
P/E 60.81 times earnings
38c*60.81= 23.10
EPS 15c
P/E 10 times earnings
15c*10= 1.5
Wiki User
∙ 14y ago
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