Question $6$

You are the Chief Financial Officer $($CFO$)$ of Sana Inc. Apart from financial reporting to the board of directors $($BOD$),$ it is your duty to manage the finances of the company and the risks attached to them. You want to evaluate how your firm is doing over time. For that purpose, you want to use the following financial statement data and calculate some important ratios $($amounts are in millions of US dollars$).$

$\backslash$table$[[$Financials$,2019,2020,2021],[$Sales$,2450,2100,1950],[$EBIT$,1990,1630,1585],[$Interest paid,$151,247,356],[$Net income,$171\mathrm{.}5,130\mathrm{.}2,-50\mathrm{.}4],[$Current assets,$620,802,896],[$Current liabilities,$465,526\mathrm{.}5,447],[$Long term debt,$896,597,476\mathrm{.}8],[$Total assets,$3100,3510,2980]]$

The firm has $100$ million shares outstanding each year under consideration. The market price of the stock was $$94$ per share in $2019.$ What is the price$-$to$-$earnings ratio in $2019?$

$-54$

$64$

$55$

$-22$