Suppose Rocky Brands has earnings per share of ?$2.46 and EBITDA of ?$29.8 million. The firm also has 5.7 million shares outstanding and debt of ?$135 million? (net of? cash). You believe Deckers Outdoor Corporation is comparable to Rocky Brands in terms of its underlying? business, but Deckers has no debt. If Deckers has a? P/E of 13.5 and an enterprise value to EBITDA multiple of 7.8 ?, estimate the value of Rocky Brands stock using both multiples. Which estimate is likely to be more? accurate? The value of Rocky Brands stock using the? P/E ratio is ?$nothing million. ? (Round to one decimal? place.)