What is the? market-to-book ratio

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In early? 2018, Abercrombie? & Fitch? (ANF) had a book equity of $1,256 ?million, a price per share of $22.89?, and 68.5 million shares outstanding. At the same? time, The Gap? (GPS) had a book equity of $3,130 ?million, a share price of $31.83?, and 384 million shares outstanding.

a. What is the? market-to-book ratio of each of these clothing? retailers?

b. What conclusions do you draw from comparing the two? ratios?

Reference no: EM133115636

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