Alpha Co.'s current balance sheet shows total common equity of $5,125,000. You also know that the company has 530,000 shares of stock outstanding, and they sell at a price of $27.50 per share. By how much do the firm's market and book values per share differ?

You are given the following information:

Stockholders equity = $3.75 billion

Price Earning Ratio = 3.5

Common shares outstanding = 50 million

Market to book ratio = 1.9

Calculate the price of a share of the companys common stock.