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The net profit before tax of Acumen Ltd. is ₹ 17,50,000. The company has 1,00,000 equity shares of face value ₹ 10 each, fully paid-up. The current market price of the shares is ₹ 85 per share. Income-tax @30% applies to the company. Compute the P/E ratio for the company.

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The net profit before tax of Acumen Ltd. is ₹ 17,50,000. The company has 1,00,000 equity shares of face value ₹ 10 each, fully paid-up. The current market price of the shares is ₹ 85 per share. Income-tax @30% applies to the company. Compute the P/E ratio for the company.






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