One advantage of using price-to-book value (PBV) multiples for stock valuation is that:
A) it is a stable and simple benchmark for comparison to the market price.
B) most of the time it is close to the market value.
C) book value of a firm can never be negative.
Answer: A
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.