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Suppose Rocky Brands has eamings per share of $2.21 and E8rTDA of $29.4 milion, The firm also has 5.6 milion shares outstanding and debt of

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Suppose Rocky Brands has eamings per share of $2.21 and E8rTDA of $29.4 milion, The firm also has 5.6 milion shares outstanding and debt of $130milion (net of cash). You beleve Jareos estimate the value of Rocky Brands stork using both muittiples. Which estmate is llwely to be more accurate? Rocky Brands' stock value by using the PUE ratis is 1 per share. (Round to two docimal placet.) The value of Rocky Brands by using the PiE ratio is ? milion. (Round to one decimal place.)

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