If the net income is Rs 100 crore(1 billion) and P/E ratio is 20x and price per share is Rs 100, EPS is Rs 5, how many shares does the company have outstanding?



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the answer is 20 crores( 200million) could you explain us how do you find this result?

1 Answer(s)


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So P/E = 20;
P=100
EPS=5
Number of shares outstanding will be Net income / EPS.
The net income is divided by the number of shares to get the earnings per share.

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