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please answer. Suppose Rocky Brands has earnings per share of S2 22 and EBITDA of $30.1 million. The firm also has 5.4 milion shares outstanding

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Suppose Rocky Brands has earnings per share of S2 22 and EBITDA of $30.1 million. The firm also has 5.4 milion shares outstanding and debt of $135 million (net of cash). You believe Jared's Outdoor Corporation is comparable to Rocky Brands in terms of its underlying business, but Jared's has no debt. If Jared's has a P/E of 134 and an enterprise value to EBITDA multiple of 74, estimate the value of Rocky Brands stock using both multiples Which estimate is likely to be more accurato? Rocky Brands stock value by using the P/E ratio is $ per share. (Round to two decimal places.) The value of Rocky Brands by using the P/E ratio is smilion (Round to one decimal place.)

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