Suppose Rocky Brands has earnings per share of $$2\mathrm{.}43$ and EBITDA of $$30\mathrm{.}5$ million. The firm also has $4\mathrm{.}7$ million shares outstanding and debt of $$130$ million $($net of cash$).$ You believe Jared's Outdoor Corporation is comparable to Rocky Brands in terms of its underlying business, but Jared's has no debt. If Jared's has a P$/$E of $13\mathrm{.}4$ and an enterprise value to EBITDA multiple of $7\mathrm{.}4,$ estimate the value of Rocky Brands stock using both multiples. Which estimate is likely to be more accurate?

Rocky Brands' stock value by using the P$/$E ratio is $ $$ per share. $($Round to two decimal places.$)$

The value of Rocky Brands by using the P$/$E ratio is $ $$ million. $($Round to one decimal place.$)$