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The Perfect Rose Co. has earnings of $1.35 per share. The benchmark PE for the company is 16. What stock price would you consider appropriate?

The Perfect Rose Co. has earnings of $1.35 per share. The benchmark PE for the company is 16.

What stock price would you consider appropriate? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Stock price $

What if the benchmark PE were 19? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Stock price $

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