Exercise $11-22($Algo$)$ Price$-$earnings ratio computation and interpretation LO A$1$

CompanyEarnings per ShareMarket Value per ShareHilton$ $10\mathrm{.}00$$ $170\mathrm{.}00$SPG$8\mathrm{.}0076\mathrm{.}00$Hyatt$7\mathrm{.}0089\mathrm{.}60$Accor$49\mathrm{.}00308\mathrm{.}70$

Compute the price$-$earnings ratio for each of these four separate companies.

For which of these four companies does the market have the lowest expectation of future performance?