Study the table below. Company Annual Earnings per Share Current Share Price Augustinian Airlines $1.14 $12 Julian Freight Inc. $4.41 $50 Cicero Holdings $31.58 $350 Brutus's Knives Inc. $0.49 $6 Based on the annual earnings and price per share listed, which of these four companies has the highest P/E ratio? Select the best answer from the choices provided. Augustinian Airlines Julian Freight Inc. Cicero Holdings Brutus's Knives Inc.

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Study the table below. Company Annual Earnings per Share Current Share Price Augustinian Airlines $1.14 $12 Julian Freight Inc. $4.41 $50 Cicero Holdings $31.58 $350 Brutus's Knives Inc. $0.49 $6 Based on the annual earnings and price per share listed, which of these four companies has the highest P/E ratio? Select the best answer from the choices provided. Augustinian Airlines Julian Freight Inc. Cicero Holdings Brutus's Knives Inc.

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Brutus's Knives Inc. 6/.49=12.24

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