9.16 At 30 April 20X7 Wilson Streep plc had a market capitalization of £6,303,000 with 3,300,000 ordinary 50p shares in issue. The profit attributable to ordinary shareholders in its statement of profit or loss for the year ended 30 April 20X7 was £750,090.

What was the company’s P/E ratio at 30 April 20X7?

a) 16.1

b) 4.2

c) 8.4

d) 3.8