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Investors expect MRNA's earnings per share to be $3.1/share. The industry average P/E ratio is 18.8. Compute the value of MRNA stock using P/E multiples.

Investors expect MRNA's earnings per share to be $3.1/share. The industry average P/E ratio is 18.8. Compute the value of MRNA stock using P/E multiples. Round your answer to 2 decimal places. please show your work
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Investors expect MRNA's earnings per share to be $3.1/ share. The industry average P/E ratio is 18.8. Compute the value of MRNA stock using P/E multiples. Round your answer to 2 decimal places. Answer: 6.06

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