Market to Book Ratio

TRUSTPOWER LIMITED ( Primary company)

Market Price (date)$7.31 (30^th Sep, 2021)

Market Capitalisation$2,287,832,630

Total Equity$1,086,904,000

Market to Book Ratio = Market Capitalisation/Total Equity

= 2.11

VECTOR LIMITED(Secondary Company)

Market Price (date)$4.02 (30^th Sep, 2021)

Market Capitalisation$4,020,000,000

Total Equity$2,335,400,000

Market to Book Ratio = Market Capitalisation/Total Equity

= 1.72

oOutline the CURRENT listed price of BOTH companies (mention the date you obtained the price) - are their current prices high or low, compared to past price performance? (High or low required only, you will elaborate on trends & news in the next section)

oCompare the market value (capitalisation) of BOTH companies to their book value of total equity (also called net assets) using the Market-to-Book ratio

Refer to the appendix where you have obtained the ratio

oConclude whether the PRIMARY company appears to be "good value" based on its Market-to-Book ratio AND comparison to the ratio of the SECONDARY company

Can you Explain Each point? like the primary companies price is down ect.