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If you look at stock prices over any year, you will find a high and low stock price for the year. Instead of a single

If you look at stock prices over any year, you will find a high and low stock price for the year. Instead of a single benchmark PE ratio, we now have a high and low PE ratio for each year. We can use these ratios to calculate a high and a low stock price for the next year. Suppose we have the following information on a particular company:
Year 1 Year 2 Year 3 Year 4
High price $85.90 $95.66 $116.78 $128.77
Low price 68.5280.1883.70106.40
EPS 6.478.898.5510.14
Earnings are projected to grow at 6 percent over the next year.
What are the high and low PE ratios for each year?

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