Financial Statement Analysis for Price-to-Book (P/B) Ratio: A company's book value per share is $20, and its stock price is $30 per share. Calculate the company's price-to-book (P/B) ratio and discuss how this valuation metric reflects the market's perception of the company's financial health and growth prospects. Analyze factors that may influence the P/B ratio, such as asset quality, earnings growth, and investor sentiment, and their implications for stock valuation and investment decisions.