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You notice that Cornish Sodas has a share price of $40.71 and EPS of $1.94. Its competitor Perce Soda has EPS of $3.98. Joliet, a

You notice that Cornish Sodas has a share price of $40.71 and EPS of $1.94. Its competitor Perce Soda has EPS of $3.98. Joliet, a much smaller batch craft soda producer, has a P/E ratio of 36 . Based on this information, what is one estimate of the value of a share of Perce Soda stock?

One share of Perce Soda stock is valued at $ (Round to the nearest cent.)

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