Question
I need a clear simple proffesional answer for these questions 1) What does it mean when a firm tread at a price to book ratio
I need a clear simple proffesional answer for these questions
1) What does it mean when a firm tread at a price to book ratio = 1 ? Does that mean that BV and market value are equal? Explain?
2) What does it mean when a firm tread at a price to book ratio greater than 1 ? Does that mean that market value exceeds book value? Explain?
3) What does it mean when a firm tread at a price to book ratio less than 1 ? Does that mean that market value is less than book value? Explain?
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Essentials Of Health Care Finance
Authors: William O. Cleverley, James O. Cleverley, Paula H. Song
7th Edition
0763789291, 978-0763789299
