Given the information below for Hooyaht Corporation, compute the expected share price at the end...
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Given the information below for Hooyaht 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, Exclude negative annual PE and P/CFPS ratios from the average PE and average P/CFPS ratio calculations. When computing annual growth rates, use a positive sign on the annual rote of change if the per shore value increased in volue and use a negative sign on the annual rate of change if the per shore volue deceased in volue.) Year Price LPS CEPS SPS 2014 2015 2016 2017 2013 2019 $ 11.00 47.50 $119.00 196.00 $36.00 16.50 -7.00 -1.70 -50 .02 .06 - 12.00 - 9.50 2.70 10 -18 08 3.00 16.50 19.60 23.10 26.60 24.95 Share Price $ 70.55 Using PE TO Using PIC ratio Using PS ratio
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