Luther Corporation

Consolidated Balance Sheet

December $31,2022$ and $2021($in $ millions$)$

$\backslash$table$[[\backslash$table$[[$Assets$],[$Current Assets$]],2022,2021,\backslash$table$[[$Liabilities$],[$and Stockholders' Equity$],[$Current Liabilities$]],2022,2021],[$Cash$,55\mathrm{.}4,58\mathrm{.}5,$Accounts payable,$87\mathrm{.}5,73\mathrm{.}5],[\backslash$table$[[$Accounts receivable$],[$Inventories$]],55\mathrm{.}5,42\mathrm{.}9,\backslash$table$[[$Notes payable $/$ short $-$ term$],[$debt$],[$Current maturities of$],[$long $-$ term debt$]],\backslash$table$[[9\mathrm{.}6],[39\mathrm{.}7]],\backslash$table$[[9\mathrm{.}6],[36\mathrm{.}9]]],[$Other current assets,$5,3\mathrm{.}0,$Other current liabilities,$\backslash$table$[[39\mathrm{.}7],[6\mathrm{.}0]],12\mathrm{.}0],[$Total current assets,$160\mathrm{.}9,144\mathrm{.}0,$Total current liabilities,$142\mathrm{.}8,132\mathrm{.}0],[$Long $-$ Term Assets,,,Long $-$ Term Liabilities,,$],[$Land$,65\mathrm{.}3,62\mathrm{.}1,$Long $-$ term debt,$231\mathrm{.}7,168\mathrm{.}9],[$Buildings$,110\mathrm{.}9,91\mathrm{.}5,$Capital lease obligations,,$],[$Equipment$,117\mathrm{.}8,99\mathrm{.}6,,,],[\backslash$table$[[$Less accumulated$],[$depreciation$]],(55\mathrm{.}1),(52\mathrm{.}5),$Deferred taxes,$22\mathrm{.}8,22\mathrm{.}2],[\backslash$table$[[$Net property, plant, and$],[$equipment$]],238\mathrm{.}9,200\mathrm{.}7,$Other long $-$ term liabilities,$---,--],[$Goodwill$,60\mathrm{.}0,--,$Total long $-$ term liabilities,$254\mathrm{.}5,191\mathrm{.}1],[$Other long $-$ term assets,$63\mathrm{.}0,42\mathrm{.}0,$Total liabilities,$397\mathrm{.}3,323\mathrm{.}1],[$Total long$-$term assets,$361\mathrm{.}9,242\mathrm{.}7,$Stockholders' Equity,$125\mathrm{.}5,63\mathrm{.}6]]$

Refer to the balance sheet above. If in $2022$ Luther has $10\mathrm{.}2$ million shares outstanding and these shares are trading at $$16$ per share, then Luther's market $-$ to $-$book ratio would be closest to

A$.2\mathrm{.}6$

B$.0\mathrm{.}65$

C$.1\mathrm{.}3$

D$.1\mathrm{.}82$