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Based on the below table of data for comparable companies, calculate an estimate of Haytech’s P/E...

Based on the below table of data for comparable companies, calculate an estimate of Haytech’s P/E ratio. Please round answer to one decimal place, i.e. 12.3. Company Stock Price EPS Graintech $10 $1.23 Corntech $20 $1.84 Barleytech $30 $2.96 Soybeantech $40 $4.04 Wheattech $50 $5.22

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Company Name Graintech Conrntech Barleytech Soybeantech Wheattech
Stock Price        10.00        20.00        30.00        40.00        50.00
EPS          1.23          1.84          2.96          4.04          5.22
PE-Price/EPS          8.13        10.87        10.14          9.90          9.58
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