Next year, BHH Co$.$ is expected to pay a dividend of $$2\mathrm{.}77$ per share from earnings of $$4\mathrm{.}81$ per share. The equity cost of capital for $BHH$ is $12\mathrm{.}1\%.$ What should $BHH\text{'}$s forward $\frac{P}{E}$ ratio be if its dividend growth rate is expected to be $4\mathrm{.}4\%$ for the foreseeable future?

The forward P$/$E ratio is $($Round to two decimal places.$)$