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Calculate the price-earnings ratio for XYZ Corporation using the following data: Earnings per Share ($) Stock Price ($) $5 $50 Requirements: Determine the price-earnings ratio.

Calculate the price-earnings ratio for XYZ Corporation using the following data:
Earnings per Share ($) Stock Price ($)
$5 $50
Requirements:
- Determine the price-earnings ratio.
- Present the calculation in a detailed table format.
- Discuss the significance of the P/E ratio in stock valuation.

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