You are given the following shareholders' equity figures for TS Inc. for fiscal year end...
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Finance
You are given the following shareholders' equity figures for TS Inc. for fiscal year end of 2018. What is TS's market to book ratio?
| $ million | 2018 |
| Preferred stock | 0 |
| Capital stock | 68,020 |
| Retained earnings | 102,770 |
| Total shareholders' equity | 170,790 |
| Total liabilities and equity | 673,613 |
| Total common equity | 170,790 |
| Shares outstanding year end (million) | 101,784 |
| Common dividend per share ($) | 2.70* |
| Share Price | $30.38 |
| * includes a special dividend of $1.50 |
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