The cement industry has been relatively stable for some time. Below are some values of cement companies: Ambuja Ltd Hatti Ltd Birla Ltd Market Price Per Share 450 400 350 Book Value Per Share 400 300 250 Sales 550,000,000 450,000,000 500,000,000 Net Income 18,000,000 16,000,000 14,000,000 Number of Shares 1,000,000 1,000,000 1,000,000 Find the average of all the three companies' price-to-book ratio and price-to-earnings ratio. (Disclaimer: These are sample values and do not indicate the actual performance of any company.)