The following information is for company XYZ. It is based in the USA.

The following information was given:

EPS: $3.80

Book Value of debt: $2 Billion

Book Value of equity: $4 Billion

Total shares: 70 million

As of today, share price is $90. Beta is 1.30.

Please note: XYZ pays a spread of 15 bp (basis points) over treasuries on its debt.

Assume ERP 7%. Risk-free 2%. Tax 30%.

What is the historical PE, P0/E0?