The following was provided by Elephant Company as of December 31, Year 2: 

Net income $ 528,000 

Preferred stock, (20,000 shares at $10 par, 4%) $ 200,000
Common stock, (220,000 shares at $1 par) $ 220,000 

Paid-in capital in excess of par-common $ 2,475,500 

Retained earnings $ 3,824,500 

On the most recent trading date, Elephant company common shares sold at $36 and the preferred shares sold  at $14. 

The following information on industry averages is provided:

• Earnings per share $2.06 
• Price-earnings ratio 13.2:1  

Required:  

1) Calculate and compare Elephant Company ratios with the industry averages shown above.  (Round your answer to two decimal places.)