(Price book) Chang, Inc.'s balance sheet shows a stockholders' equity book value (total common equity) of $752,800. The firm's earnings per share is $2.98, resulting in a price/earnings ratio of 12.14X. There are 51,000 shares of common stock outstanding. What is the price/book ratio? What does this indicate about how shareholders view Chang, Inc.? The pricelbook ratio is (Round to two decimal places.)