The Price / Earnings Ratio (P/E) is defined as the price per stock share divided by the EPS. 4. Sigma-Harding has a price per share of $63.67. Based on the earnings quoted above and the information in question 1, what is its P/E? 5. If the price of Sigma-Harding stock drops, what will happen to P/E? 6. If the earnings of Sigma-Harding rise, what will happen to P/E? 7. Take two companies, Nike and Exxon-Mobile. If Nike has a P/E of 21.23 and Exxon-Mobil has a P/E of 15.45. What can we say about the performance of the two companies or their stock based on their P/E ratios? Arithmetic in Business BA 101 Page 1 8. I have $15,000 to invest in the stock market. Microsoft stock is currently selling for $29.29. How many shares can I buy