In early $2019,$ the following information was true about Abercrombie and Fitch $($ANF$)$ and The Gap $($GPS$),$ both clothing retailers. Values $($except price per share$)$ are in millions of dollars.

$\backslash$table$[[,$Book Equity,Price Per Share,Number of Shares$],[$ANF$,$$$1,218,$$$26\mathrm{.}76,65\mathrm{.}33$ million$],[$GPS$,$$$3,554,$$$26\mathrm{.}45,382\mathrm{.}63$ million$]]$

a$.$ What is the market$-$to$-$book ratio of each company?

b$.$ What conclusion do you draw from comparing the two ratios?

a$.$ What is the market$-$to$-$book ratio of each company?

The market$-$to$-$book ratio for ANF is

$($Round to two decimal places.$)$