2. Calculate the trailing 12 months Price/Earnings ratio (P/E) for Intel. Use the January 31 2022 closing stock

price and the 2021 annual earnings report - diluted EPS. Using the Blend Category on the following chart,

determine Intel's relative stock valuation compared to the overall stock market

Current Fwd. P/E Vs. 10-year Avg. P/E

As of December 31, 2021

Large

Value

16.5

Avg.: 14.3

15-5

Blend

22.7

Avg.: 16.9

19.8

Growth

35.1

Avg.: 21.2

35.9