Question: (Market value analysis) Lei Materials balance sheet lists total assets of $1.16 billion, $132 million in current liabilities, $415 million in long-terms debt, $613 million

(Market value analysis) Lei Materials balance sheet lists total assets of $1.16 billion, $132 million in current liabilities, $415 million in long-terms debt, $613 million in common equity, and 58 million shares of common stock. If Lei'so current stock price is $52.08, what is the firm's market -to book ratio? ( Round to one decimal place ).

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