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Calculate the market to book ratio of a firm with a current share price of $28.97, a book value of equity of $2,000,000,000,
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Answer #1

Book value per share =2,000,000,000/105,000,000

=$19.047619(Approx)

Market to book ratio=Market value/Book value per share

=28.97/19.047619

=1.5209(Approx).

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