Suppose Rocky Brands has earnings per share of

$2.23

and EBITDA of

$29.6

million. The firm also has

5.8

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

13.4

and an enterprise value to EBITDA multiple of

7.8,

estimate the value of Rocky Brands stock using both multiples. Which estimate is likely to be more accurate?

estimate the value of Rocky Brands stock using both multiples. Which estimate is they to be more accurate? Rocky Brands' stock value by using the PIE ratio is 3 per share. (Round to two decimal places) The value of Rocky Brands by using the PIE ratio is : milion. (Round to one decinal place)