The sales per share one year ahead is:
1. Sales per share = Current sales per share (1 + Growth Rate)
Sales per share = $22.2(1 + 0.08)
Sales per share = $23.98
2. Stock price one year ahead = Current price (1 + Required rate)
Stock price one year ahead = $57(1 + 0.11)
Stock price one year ahead = $63.27
P/S Ratio = Stock price one year ahead / Sale per share one year ahead
P/S Ratio = $63.27 / $23.98
P/S Ratio = 2.64.
A sale is a transaction among or extra events wherein items or offerings are exchanged for cash or different assets. In the monetary markets, a sale is a settlement among a purchaser and supplier concerning the charge of a safety and its shipping for agreed-upon compensation.
In popular enterprise operations, income refer to any transactions in which cash or fee is exchanged for the possession of an amazing or entitlement to a service. In an accounting context, income refers to a company's sales earned from the income of merchandise or offerings (internet income).
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