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Need help in explaining the information displayed in this table. begin{tabular}{|l|c|c|c|c|c|c|c|c|} hline multirow{2}{*}{multicolumn{1}{|c|}{ Market Ratios }} & multicolumn{3}{c|}{ Toyota Motor Corp (NYS: TM) } &
Need help in explaining the information displayed in this table.
\begin{tabular}{|l|c|c|c|c|c|c|c|c|} \hline \multirow{2}{*}{\multicolumn{1}{|c|}{ Market Ratios }} & \multicolumn{3}{c|}{ Toyota Motor Corp (NYS: TM) } & \multicolumn{3}{c|}{ Honda Motor Company (NYS: HMC) } \\ \cline { 2 - 10 } & 2023 & 2022 & 2021 & 2020 & 2023 & 2022 & 2021 & 2020 \\ \hline Price To Earnings Ratio (P/E) & 104.96 & 106.66 & 107.63 & 88.20 & 27.59 & 25.01 & 26.26 & 28.08 \\ \hline Book Value Per Share & 15.69 & 15.66 & 15.12 & 13.70 & 16.82 & 16.78 & 15.84 & 14.25 \\ \hline Price to Book Ratio (P/B) & 9.03 & 11.51 & 10.32 & 8.76 & 1.58 & 1.68 & 1.91 & 1.58 \\ \hline Dividend Yield & 0.02 & 0.01 & 0.02 & 0.02 & 0.02 & 0.02 & 0.02 & 0.01 \\ \hline Stock Price & 141.69 & 180.25 & 156.06 & 119.95 & 26.49 & 28.26 & 30.20 & 22.46 \\ \hline Dividend Paid & 2.50 & 2.20 & 2.45 & 2.23 & 0.43 & 0.50 & 0.49 & 0.26 \\ \hline \end{tabular}Step by Step Solution
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