Recently, a share of Coca-Cola stock sold for about $43 a share. Its earnings per share at that time was $0.29 for the year. At the same point in time, a share of Pepsi stock sold for about $109 a share and Pepsis earnings per share was $3.38. a) Calculate the PE ratio for each company, showing all work. b) Compare the 2 companies, indicating which is more profitable and which seems to be perceived as having greater growth potential. Is it profit or growth potential that makes Pepsis stock price so much higher than Cokes? How can you tell?