list 14 5 n 6 n 7 K (Price book) Chang, Inc.'s balance sheet shows a stockholders' equity book value (total common equity) of $750,500. The firm's earnings per share is $3.00, resulting in a price/earnings ratio of 12.25X. There are 50,000 shares of common stock outstanding. What is the price/book ratio? What does this indicate about how shareholders view Chang, Inc.? The price/book ratio is 0.20 (Round to two decimal places.)

The pricentook ratio is (Round to two decimal places)