Using the information given here, what is the price$-$earnings ratio for DEF Company? $($Hint: This is a two$-$step calculation.$)$

Note: Round your answer to $2$ decimal places.

Earnings $=$ $$300,000$

Number of shares outstanding $=30,000$

Price per share $=$ $$64\mathrm{.}00$

Book value per share $=$ $$10$

Question $8$ options:

$10\mathrm{.}00$

$11\mathrm{.}00$

$6\mathrm{.}40$

$15\mathrm{.}00$