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ITC announced its Q3 results on 29th January when the share was trading at Rs 216.2. The net sales jumped to Rs 15000 Crore and

ITC announced its Q3 results on 29th January when the share was trading at Rs 216.2. The net sales jumped to Rs 15000 Crore and net profit after tax was Rs 2900 Crore. The company has 7,640,000,000 common shares with face value of 2 Rs per share. These shares traded at Rs 198.25 on 30th September last year.

Calculate the price earnings ratio for ITC Limited.

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