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If the price to book ratio of a retail company (like American Eagle Outfitters) is 1.882, is it low enough to be favorable? Does the

If the price to book ratio of a retail company (like American Eagle Outfitters) is 1.882, is it low enough to be favorable? Does the company have intangible assets or goodwill that may be artificially depressing price to book ratio and making the company appear to be a better value than it actually is?

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