单选题
Which of the following is NOT an advantage of using price-to-book value multiples in stock valuation?
A、
Book value provides a relatively stable, intuitive measure of value.
B、
P/B ratios can be compared across similar firms if accounting standards are consistent.
C、
Book values are very meaningful for firms in service industries.
【正确答案】
C
【答案解析】
Book values are not very meaningful for firms in service industries.
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