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Botox facial care had earnings after tax of $370,000 in 2012 with 200,000 shares outstanding. The stock price was $31.50. In 2013, earnings after tax

Botox facial care had earnings after tax of $370,000 in 2012 with 200,000 shares outstanding. The stock price was $31.50. In 2013, earnings after tax increased to $436,000 with same 200,000 shares outstanding. The stock price was $42.00

Compute P/E ratio in 2012

Compute the P/E ratio in 2013

Why did P/E ratio change

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