The following information has been taken from the annual report of Sand Oil for the year end $31$st December $2013.$ Sand Oil is a US public listed company.

Income statement for year ended $31$st December $2019$

$ million

Revenue $282,616$

Operating profit $($EBIT$)11,706$

Interest cost $(3,552\mathrm{.}00)$

Profit before tax $8,154$

Taxation $(3,964\mathrm{.}00)$

Profit for the year $4,190$

$$

Balance Sheet at the year ended of $31$st December

$2019$

$ million

Non$-$current assets

Property, plant and equipment $132,642$

Intangible assets $15,539$

Other non$-$current assets $64,954$

$213,135$

Current assets

Inventories $20,880$

Trade receivables $24,442$

Cash and cash equivalents $22,472$

Other $14,265$

$82,059$

Total assets $295,194$

Current liabilities

Trade payables $(46,829)$

Borrowings $(10,487)$

Other current liabilities $(16,279)$

$(73,595)$

Non$-$current liabilities

Borrowings $(57,237)$

Other non$-$current liabilities $(63,654)$

$(120,891)$

Total liabilities $(194,486)$

Net assets $($Assets $$ Liabilities$)100,708$

Equity

Shareholders$$ equity $($book Value$)98,412$

Non$-$controlling $($minority$)$ interest $2,296$

Total equity $100,708$

Additional Data at $31$st December $2019$

Depreciation and amortisation $17,780$

Share price on $31$ December $2019($$$)38\mathrm{.}00$

Dividends per share $($$$)0\mathrm{.}41$

Number of ordinary shares $($million$)3500$

Competitor's market multiples at $31$st December $2019$

PE Ratio $33\mathrm{.}2$

Price to book ratio $1\mathrm{.}4$

EV$/$EBITDA $8\mathrm{.}4$

Required:

$1)$ Calculate the following market multiples for Atlantis:

a$)$ PE ratio of the company as at $31$st December $2019$

b$)$ Price$-$to$-$book ratio of the company as at $31$st December $2019$

c$)$ Enterprise value to EBITDA ratio $($EV$/$EBITDA$)$ of the company as at $31$st December $2019$

$2)$ Based on the ratios you calculated in part $(1),$ and taking into account the information provided about the competitors$$ market multiples, comment on the value of Sand Oil.