Facebook Balance Sheet ...and Facebook's balance sheet using market values: Facebook Balance Sheet (Market) What is the Market-to-Book ratio for Facebook's equity? Dividing the market value of its equity, $300 billion, by the book value of its equity, $44 billion, yields a Market-to-Book Ratio of 6.8. What does this ratio mean and how does it correspond to the process of value creation? Why is Facebook's market value of equity so much higher than its book value? Think back to Module 2 and the lessons from that module. What do you think determines market value