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P/E data based on as-reported earnings; estimate data based on operating earnings. Sources: Birinyi Associates We are in the process of updating our Market Data experience and we want to hear from Under terms of the deal, Jagged Peak shareholders will receive 0.447 Parsley shares for each Jagged Peak share they own. Based on Friday's stock closing prices, that values Jagged Peak's stock at $7.59 each, or an 11% premium, The P/E ratio essentially values stocks based on a multiple of the company’s earnings-per-share. It is calculated by dividing the stock price by the company’s earnings-per-share. The earnings-per-share of a company represents its net income on a per-share basis.