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Evolve Health, a pharmaceutical company, the statement of comprehensive income ...
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Evolve Health, a pharmaceutical company, the statement of comprehensive income shows R87 960 in earnings before tax (EBIT), interest expense of R62 500 and R10 000 in preference share dividend with a tax rate of 30%. The company had 1 000 number of shares issued and 1 000 number of shares outstanding. If the price/earnings ratio (P/E) is reported as 5,30 and ROE is 23,3%. What is the company’s market to book ratio?
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100%
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