For Pinto plc in question 24 above, what is the present value of growth opportunities?

Question 24

The market consensus is that Pinto plc has an ROE of 9 per cent, a beta of 1.25, and plans to maintain its plowback ratio of 0.67. This year’s earnings per share was €3. The consensus view of the expected market return is 14 per cent, and the return on Treasury Bills is currently 6 per cent. What is the current PE ratio for the company? What is the prospective PE ratio for the company?