Foraker Products is a manufacturer and distributor numerous food products. The company recently reported earnings per share of $$5\mathrm{.}90.$ Based on its recent price of $$110\mathrm{.}48,$ the company has a PE ratio of $18\mathrm{.}72542373.$ Foraker Products is part of the food processing industry which has an industry PE ratio of $19\mathrm{.}75.$

Using industry information, estimate the intrinsic value of Foraker Products$$ earnings per share?

Group of answer choices

$$5\mathrm{.}90$

$$104\mathrm{.}75$

$$116\mathrm{.}53$

None of these are correct

$$62\mathrm{.}68$