Step 1: Solve the given equation \(3^{x^2} = 27 \times 9^x\).
We start with the equation:
\[
3^{x^2} = 27 \times 9^x.
\]
We can rewrite \(27\) and \(9\) as powers of 3:
\[
27 = 3^3 \quad {and} \quad 9 = 3^2.
\]
Thus, the equation becomes:
\[
3^{x^2} = 3^3 \times (3^2)^x.
\]
Now simplify the right-hand side:
\[
3^{x^2} = 3^3 \times 3^{2x}.
\]
Using the property of exponents \(a^m \times a^n = a^{m+n}\), we combine the powers of 3:
\[
3^{x^2} = 3^{3 + 2x}.
\]
Since the bases are the same, we can equate the exponents:
\[
x^2 = 3 + 2x.
\]
Rearranging the equation:
\[
x^2 - 2x - 3 = 0.
\]
Factoring the quadratic equation:
\[
(x - 3)(x + 1) = 0.
\]
Thus, \(x = 3\) or \(x = -1\).
Step 2: Evaluate \(\frac{2^{x^2}}{(2^x)^2\).}
We now substitute \(x = 3\) and \(x = -1\) into the expression \(\frac{2^{x^2}}{(2^x)^2}\):
When \(x = 3\):
\[
\frac{2^{3^2}}{(2^3)^2} = \frac{2^9}{2^6} = 2^{9-6} = 2^3.
\]
When \(x = -1\):
\[
\frac{2^{(-1)^2}}{(2^{-1})^2} = \frac{2^1}{2^{-2}} = 2^{1 - (-2)} = 2^3.
\]
Thus, the value is \(2^3\), which corresponds to Option (C).