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You notice that Calverton Sodas has a share price of $ 4 0 . 7 3 and EPS of $ 1 . 8 8 .
You notice that Calverton Sodas has a share price of $ and EPS of $ Its competitor Putney Soda has EPS of $ Jade, a much smaller batch craft soda producer, has a PE ratio of
Based on this information, what is one estimate of the value of a share of Putney Soda stock?
One share of Putney Soda stock is valued at $
Round to the nearest cent.
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