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Simple PS The stock of Omicron Corp. is currently trading at $ 4 1 . 3 5 . The company just reported sales amounting to

Simple PS
The stock of Omicron Corp. is currently trading at $41.35. The company just reported sales amounting to $13 million
and has $2 million shares outstanding. Given that the benchmark P/S multiple is 12, comment on whether the stock
is undervalued, overvalued, or fairly valued on a relative basis.
a. The company's PS ratio is closest to:
Round your answer to one decimal
b. How the stock is valued on a relative basis (choose the correct one):
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