The Following Data Have Been Taken from Your Company's Financial

Multiple Choice

The following data have been taken from your company's financial records for the current year:
$$\begin{array} { | l | r | } \hline \text { Eanings per Share } & \$ 15 \\\hline \text { Dividend per Share } & \$ 9 \\\hline \text { Market Price per Share } & \$ 120 \\\hline \text { Book Value per Share } & \$ 90 \\\hline\end{array}$$
What is the price-earnings ratio?

A) 6.0 to 1.
B) 7.5 to 1.
C) 8.0 to 1.
D) 12.5 to 1.