(Price book) Chang, Inc.'s balance sheet shows a stockholders' equity book value (total common equity) of $754,100. The firm's earnings per share is $3.02, resulting in a price/earnings ratio of 12.74X. 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 price/book ratio is (Round to two decimal places.)