Company Earnings per Share Market Value per Share

Hilton $ $10\mathrm{.}00$ $ $160\mathrm{.}00$

SPG $8\mathrm{.}0081\mathrm{.}60$

Hyatt $6\mathrm{.}0079\mathrm{.}80$

Accor $34\mathrm{.}00234\mathrm{.}60$

Compute the price$-$earnings ratio for each of these four separate companies.

For which of these four companies does the market have the lowest expectation of future performance?