问题如下:
Which of the following is the most appropriate ratio to measure relative value of a bank:
选项:
A.Price-to-book ratio (P/B).
B.Price-to-sales ratio (P/S).
C.Price-to-cash flow ratio (P/CF).
解释:
A is correct.
Price-to-book ratio is appropriate to value firms composed of mostly liquid assets,such as insurance, finance, banking firms.
C选项怎么考虑?