Stock valuation using the multiple (comps) method:

Below, P/E ratio for The Procter & Gamble Company and four similar firms (comps) are provided. The annual earnings per share (EPS) of The Procter & Gamble Company is $7.71. Currently, the stock of The Procter & Gamble Company is trading in the market at $144.948.

Stock Valuation using the Four Comps Method
22.78	<-- P/E of The Procter & Gamble Company
15.48	<-- 1) P/E of Target Corporation
71.94	<-- 2) P/E of Amazon.com, Inc.
5.95	<-- 3) P/E of Macy's, Inc.
34.60	<-- 4) P/E of Costco Wholesale Corporation
$7.71	<-- EPS of The Procter & Gamble Company

How much is the stock value of this company using the "Comps" method? Enter your answer in the following format: 123.45 Hint: Answer is between 241.73 and 256.53