Gilbert and Associates,Inc.has a book value of $500,000,a market price per share of stock of $25,and 33,333 outstanding shares.What is its price-to-book ratio?

Name: Gilbert and Associates,Inc.has a book value of $500,000,a market price per share of stock of $25,and 33,333 outstanding shares.What is its price-to-book ratio?
Brand: Quizplus
Rating: 4.7 (50 reviews)

Question

Quizplus · Accepted Answer

The Answer of Gilbert and Associates,Inc.has a book value of $500,000,a market price per share of stock of $25,and 33,333 outstanding shares.What is its price-to-book ratio?