Company X realized negative earnings of -$23,900 last year even though their total revenue (sales) reached historical high of $164,000. The negative earnings were caused by the rise of the cost of raw materials. Right now, this company has 60,000 shares outstanding and those peer companies in the same industry have average PE ratio of 21.8 and PS ratio 24.5. What is the common stock price using comparable method? Company X realized negative earnings of -$23,900 last year even though their total revenue (sales) reached historical high of $164,000. The negative earnings were caused by the rise of the cost of raw materials. Right now, this company has 60,000 shares outstanding and those peer companies in the same industry have average PE ratio of 21.8 and PS ratio 24.5. What is the common stock price using comparable method?