The Market Value of One Ordinary Share in Alberto Plc

The market value of one ordinary share in Alberto plc is 600 pence. The profit before tax for the company's latest financial year to 30 September 2019 is £20m. Tax is charged on profit before tax at the rate of 25%. Alberto plc has ordinary share capital of £5m made up of shares with a par value of 20 pence each. Alberto plc has no preference shares in issue. What is Alberto plc's P/E ratio?

A) 1.50
B) 2.00
C) 7.50
D) 10.00