A firm has recently reported earnings per share of $$14\mathrm{.}00$ and paid dividends per share of $$6\mathrm{.}77.$ The earnings have grown $5\%$ a year. The shares have a beta of $1\mathrm{.}20.$ The Treasury bond rate is $2\%$ and the return on the market is $9\mathrm{.}5\%.$ Estimate the P$/$E ratio of the firm.