Market-Based Valuation of Southwind Technologies

Southwind Technologies, a publicly traded company in the renewable energy sector, operates in a highly competitive market with various players. The company's recent quarterly earnings report reflected a growth in revenue by 15% compared to the previous year, while its earnings per share (EPS) also increased from $1.20 to $1.50.

An analyst is looking to value Southwind using a market-based valuation approach, specifically the price-to-earnings (P/E) ratio method. The analyst finds that the average P/E ratio for comparable companies in the renewable energy sector is 25. Given Southwind's recent EPS, what would be the estimated market value of Southwind Technologies' shares if the analyst decides to apply the sector's average P/E ratio?