Business, 27.04.2021 21:50, whereswoodruff

If MCD ‘s PE ratio is 36.81 ( 232 PRICE/6.31 EARNINGS ) what happens if the stock reports earnings per share of $10 and the price is still 232, what happens to the PE

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If MCD ‘s PE ratio is 36.81 ( 232 PRICE/6.31 EARNINGS ) what happens if the stock reports earnings p...