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.