Question: Vriend Software Inc. s book value per share is $ 1 1 . 1 3 . Earnings per share is $ 1 . 8 5

Vriend Software Inc.s book value per share is $11.13. Earnings per share is $1.85, and the firms stock trades in the stock market at 3.5 times book value per share. What will the P/E ratio be?(Do not round intermediate calculations. Round your final answer to 2 decimal places.)

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