Companies a and B Are Both in the Same Industry

Companies A and B are both in the same industry and generally compete against each other in the marketplace. Stock A has a P/E ratio of 15 while Stock B's P/E is 21. Which of the following is not true about the relative positioning of Stock A and Stock B?

A) Stock B has lower perceived risk.
B) Investors are willing to pay a higher price for shares in Company B.
C) Company A's business performance is probably not as strong as Company B's performance.
D) All of the statements are correct.