AMD Inc. has the PE ratio of $281\mathrm{.}10,$ while the industry average PE ratio is $27\mathrm{.}05.$ Based on the information, you find that

Group of answer choices

AMD$$s current stock price is low based on the PE ratio.

AMD$$s current stock price is high based on the PE ratio.

AMD$$s current price is fair based on the PE ratio.

It cannot be determined.