It did. From what I glanced at those numbers myself, they look to be in the right direction. However, for the 2018 P/E, you have picked the P/E according to the reported EPS, when otherwise you use (quite reasonably) adjusted ones. The adjusted P/E in the initiation of coverage report for the current year seemed to be 13.4. (This can also be calculated from that table: 6/0.45). In this case, the impact of the multiple expansion is somewhat greater, i.e., about 115%.
A very good exercise, and that has been the main question for me too for the past couple of years: what would be an acceptable valuation level, as the company is excellent.