PV of clear capital run, is fitted by summation of give prize of overhead clear capital run and give prize of final prize is fitted in exceed and palliate shot supposing below:
Give prize of Clear capital run is $34 darling.
Total Number Of distribute Outstanding = 10 darling
Stock charge per distribute = $34 darling/10 darling
Hence Stock charge per distribute is $3.4.
P/E harmony in year 2016 that is beginging is fitted below using distribute charge of $3.4 and earning of $0.1 per distribute:
P/E harmony = $3.4/$0.1
Hence P/E harmony of Phoenix Corp. is 34.