问题如下图：
选项：
A. 
B. 
C. 
请问为什么不是直接用common shares283而是用total shareholder equity减去优先股？ 解释：
NO.PZ2018103102000137 问题如下 Virginia thiryeuniversity stunt majorein Finance, is ing coursework with her classmates. They are comparing a globreestate group, HouseWithLove, with some other comparable companies. Virginia wants to use the relative valuation metho. They collecteinformation on the company shown below.The totnumber of common shares outstanng is 20,000,000. The current stopriis £79.Baseon the information above, whiof the following is the correprice-to-book ratio? 3.02 3.20 5.58 B is correct.考点考察计算P/B，同时如何计算Book value.解析P/B是利用当前的股票价格除以Book value per share. 其中Book value per share等于Common shareholrs’ equity除以number of shares outstanng.而common shareholrs’ equity等于totshareholrs’ equity减去优先股价值。本题中totshareholrs’ equity等于523，优先股为30，则Common shareholrs’ equity等于493million。除以number of shares outstanng则BVPS为24.65。当前股票价格为79，则P/B=3.20. 这里是不是少写了
NO.PZ2018103102000137问题如下Virginia thiryeuniversity stunt majorein Finance, is ing coursework with her classmates. They are comparing a globreestate group, HouseWithLove, with some other comparable companies. Virginia wants to use the relative valuation metho. They collecteinformation on the company shown below.The totnumber of common shares outstanng is 20,000,000. The current stopriis £79.Baseon the information above, whiof the following is the correprice-to-book ratio?3.02 3.20 5.58 B is correct.考点考察计算P/B，同时如何计算Book value.解析P/B是利用当前的股票价格除以Book value per share. 其中Book value per share等于Common shareholrs’ equity除以number of shares outstanng.而common shareholrs’ equity等于totshareholrs’ equity减去优先股价值。本题中totshareholrs’ equity等于523，优先股为30，则Common shareholrs’ equity等于493million。除以number of shares outstanng则BVPS为24.65。当前股票价格为79，则P/B=3.20. 我也是想问为什么不能直接用common equity的283m，我看了有问必答里的，说common equity里还包含retaineearning，但表格里不是有一项RI了吗？不是分开的？
3.20 5.58 B is correct. 考点考察计算P/B，同时如何计算Book value. 解析P/B是利用当前的股票价格除以Book value per share. 其中Book value per share等于Common shareholrs’ equity除以number of shares outstanng. 而common shareholrs’ equity等于totshareholrs’ equity减去优先股价值。 本题中totshareholrs’ equity等于523，优先股为30，则Common shareholrs’ equity等于493million。除以number of shares outstanng则BVPS为24.65。 当前股票价格为79，则P/B=3.20. P/B ratio里的B到底是什么？普通股？还是普通股加优先股？还是普通股加留存收益？还是shares of equity？
老师好， 是否 BVPS 里包括common stoper share + Retaineearning per share?如果retaineearning 被reinveste的话， 是否才不用包括Retaineearning per share in the BVPS? 谢谢。
