Questions : 12 Market Value Ratios Bedford Supply has assets with a book value of $347,000 and a market value of $421,000. The firm estimates that it could replace all of its assets at a cost of $459,000. What is Tobin's Q ratio? 17 Questions : 12 Market Value Ratios Bedford Supply has assets with a book value of $347,000 and a market value of $421,000. The firm estimates that it could replace all of its assets at a cost of $459,000. What is Tobin's Q ratio? 17