(Price book) Chang. Inc's balance sheet shows a stockholders' equity book value (total common equity) of $759,300. The firm's eamings per share is $3.04, resulting in a price/eamings ratio of 12.46X. There are 55,000 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.)