EPS in 2018 of Mobile Ltd is 2.4, and the forecasted EPS in 2019 is 2.1. It is known that Mobile Ltd has zero interest-bearing net debt. Below is the information for comparable companies of Mobile Ltd:

Company P/E-ratio based on EPS (2018) P/E-ratio based on EPS (2019)

Yup Ltd. 18,3 17,3

Okay Corp. 21,2 13,6

Nice Ltd. 22,1 17,6

Required: Calculate price for Mobile Ltd. when using the median forward P/E-ratio.