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Using information given in the annual reports (link given below), calculate the market to book ratio for United Basalt Products Ltd for the years: 2018,

Using information given in the annual reports (link given below), calculate the market to book ratio for United Basalt Products Ltd for the years: 2018, 2019 and 2020.

You should focus more on the interpretation and analysis of the ratios.

Please show ALL WORKINGS and STEPS.

https://investors.ubp.mu/wp-content/uploads/2018/11/BD-10782-UBP_RA_2018_FULL_V10.pdf

https://investors.ubp.mu/wp-content/uploads/2019/11/IR_UBP_2019.pdf

https://annualreport2020.ubp.mu/downloads/UBP_IR2020-Lr.pdf

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