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ABC, Inc., has a market-to-book ratio of 2, net income of $81,266, a book value per share of $22.9, and 53,715 shares of stock outstanding.

ABC, Inc., has a market-to-book ratio of 2, net income of $81,266, a book value per share of $22.9, and 53,715 shares of stock outstanding. What is the price-earnings ratio? Enter your answer rounded off to two decimal points.

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