Whole Foods has a book value per share of $13.50,earnings per share of $1.21,and a price-earnings ratio of 17.6.What is the market-to-book ratio?
A)1.08
B)1.58
C)1.99
D)2.47
E)11.16

Name: Whole Foods has a book value per share of $13.50,earnings per share of $1.21,and a price-earnings ratio of 17.6.What is the market-to-book ratio? A)1.08 B)1.58 C)1.99 D)2.47 E)11.16
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Quizplus · Accepted Answer

Market-to-book ratio = ($1.21 × 17.6)/$13.50 = 1.58

Whole Foods Has a Book Value Per Share of $13