AviBank Plastics generated an EPS of $ 2.59 over the last 12 months. The company’s earnings are expected to grow by 29.

AviBank Plastics generated an EPS of ​$2.59 over the last 12 months. The​ company’s earnings are expected to grow by 29.9 ​% next​ year, and because there will be no significant change in the number of shares​ outstanding, EPS should grow at about the same rate. You feel the stock should trade at a​ P/E of around 31 times earnings. Us the​ P/E approach to set a value on this stock.

Using the​ P/E approach, the value on this stock is ​$

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