You collect the following information about North Corp. and South Corp.:

	Book value of Equity 2019	Shares outstanding 2019 (millions)	Current stock price
	(millions $)	(millions $)	$
North Corp	26,000	1,000	146.3
South Corp	41,000	2,500	19.8

What is the P/B ratio for South Corp.?

A	0.15
B	1.21
C	4.25
D	5.63
E	16.4