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A company has an EPS of $2.80, a book value per share of $21.54, and a market/book ratio of 2.0x. What is its P/E ratio?

A company has an EPS of $2.80, a book value per share of $21.54, and a market/book ratio of 2.0x. What is its P/E ratio? Answer as a ratio with 2 decimals (ex. 19.23).

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