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Calculate the Industry Simple Average Price-Earning(pe) Ratio Essay Preview: Calculate the Industry Simple Average Price-Earning(pe) Ratio Report this essay Business Finance assignmentCalculate the industry simple average price-earning(PE) ratioFor each company:Price-Earning(PE) ratio= Stock price ÷ Earnings per share (EPS)Therefore,EPSStock PricePEArtic Cooling$0.82$15.1918.5244National Heating & Cooling1.3212.499.4621HVAC Corp2.3448.6020.7692For the industry:industry simple average price-earnings (PE) ratio= Sum of PE ratio.