Compare the price to book (P B) ratios of Berkshire Hathaway Inc and JPMorgan Chase Co based on the following financial data Item Berkshire Hathaway Inc JPMorgan Chase Co Market Price per Share $400 00 $120 00 Book Value per Share $300 00 $50 00 Question Which company has a higher price to book (P B) ratio Calculate the P B ratio for each company and compare

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Compare the price-to-book (P/B) ratios of Berkshire Hathaway Inc. and JPMorgan Chase & Co. based on the following financial data: Item Berkshire Hathaway Inc. JPMorgan

Compare the price-to-book (P/B) ratios of Berkshire Hathaway Inc. and JPMorgan Chase & Co. based on the following financial data:

Item	Berkshire Hathaway Inc.	JPMorgan Chase & Co.
Market Price per Share	$400.00	$120.00
Book Value per Share	$300.00	$50.00

Question:

Which company has a higher price-to-book (P/B) ratio? Calculate the P/B ratio for each company and compare.

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