Which of the following statements is CORRECT? If a firm has the highest price/earnings ratio of any firm in its industry, then, other things held constant, this suggests that the board of directors should fire the president. If a firm has the highest market/book ratio of any firm in its industry, then, other things held constant, this suggests that the board of directors should fire the president. Other things held constant, the higher a firm's expected future growth rate, the lower its P/E ratio is likely to be. The higher the market/book ratio, then, other things held constant, the higher one would expect to find the Market Value Added (MVA). If a firm has a history of high Economic Value Added (EVA) numbers each year, and if investors expect this situation to continue, then its market/book ratio and MVA are both likely to be below average.