You are given the following shareholders' equity figures for TS Inc. for fiscal year end of 2018. What is TS's market to book ratio?

$ million	2018
Preferred stock	0
Capital stock	68,020
Retained earnings	102,770
Total shareholders' equity	170,790
Total liabilities and equity	673,613
Total common equity	170,790
Shares outstanding year end (million)	101,784
Common dividend per share ($)	2.70*
Share Price	$30.38
* includes a special dividend of $1.50