The following table provides summary data for Target on July 29, 2017, per Finance. Yahoo.com. Analysts often use the observed PB ratio to inter market expectations regarding a company's future performance based on assumptions. Assuming that the market's expectation of Target's future ROE is consistent with its past performance and its discount rate is expected to be 10%, then Target's implied future growth rate is 2.11% Target ($ in billions) Market value of equity $31.52 Book value of equity $11.10 ROE 24,51% True False