Examples of commonly used market multiples include price$-$to$-$book $(\frac{P}{B}),$ price$-$to$-$earnings $(\frac{P}{E}),$ and which of the following?

Multiple Choice

$1$:$34$

price$-$to$-$assets $($P$/$A$)$

price$-$to$-$expenses $($P$/$EX$)$

price$-$to$-$liabilities $($P$/$L$)$

price$-$to$-$sales $($P$/$S$)$