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.