An acquirer with a P$/$E ratio of $13$ and earnings of $$1\mathrm{.}39$ seeks to take over another target firm with value $$17\mathrm{.}31$ and P$/$E ratio $16.$ What is the new merged firm's P$/$E$?$

$($Assume a $1$ to $1$ share equivalence.$)$ Report answers to four decimal places.