Walgreen's higher P/BV ratio than the market or industry is most likely attributed to Walgreen's

Name: Walgreen's higher P/BV ratio than the market or industry is most likely attributed to Walgreen's
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A higher P/BV ratio indicates that investors are willing to pay more for each dollar of book value, which in turn can be attributed to higher returns on equity. This suggests that Walgreen's consistently generates higher returns on shareholders' investments than the market or industry average.

Walgreen's Higher P/BV Ratio Than the Market or Industry Is