Simple PS

The stock of Omicron Corp. is currently trading at $$41\mathrm{.}35.$ The company just reported sales amounting to $$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 $\frac{P}{S}$ ratio is closest to:

Round your answer to one decimal

b$.$ How the stock is valued on a relative basis $($choose the correct one$)$: