FRPriceEarningsRatio

FRPriceEarningsRatio(Number marketPrice, Number earningsPerShare)

This function computes the price earning ratio.

Parameters

• marketPrice - A Double value indicating the market price.
• earningPerShare - A Double value indicating the earning per share.

Return value

The return value is a Number.

Example

If the market price is 10.87, the earning per share is 12, the return value of the following statement is 0.91.

FRPriceEarningsRatio(10.87, 12)