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Ashkar Co.s earnings per share (EPS) is $4.00. The price-to-earnings (P/E) ratio of its three closest competitors are 15, 16 and 18. Based on the

Ashkar Co.s earnings per share (EPS) is $4.00. The price-to-earnings (P/E) ratio of its three closest competitors are 15, 16 and 18. Based on the method of market multiples, what is the intrinsic value of Darskis stock?

$4.08

Cannot be determined with the given information.

$16.33

$65.33

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