# Market to Book Ratio¶

function

`frds.measures.corporate.`

`market_to_book`

`(`

`data`

`)`

Market-to-Book ratio

Market value of common equity scaled by the book value common equity.

\text{MTB}_{i,t} = \frac{PRCC\_F_{i,t}\times CSHO_{i,t}}{CEQ_{i,t}}

where PRCC\_F is the share price at fiscal year end, CSHO is the common shares outstanding, and CEQ is common equity, all from Compustat Fundamentals Annual `WRDS.COMP.FUNDA`

.

If `data`

is a Fundamentals Quarterly dataset:

\text{MTB}_{i,t} = \frac{PRCCQ_{i,t}\times CSHOQ_{i,t}}{CEQQ_{i,t}}

Parameters

`data`

(Union[Funda, Fundq]) — Input dataset

Returns (Union[pd.Series, None])

Market-to-Book ratio

Last update: June 3, 2021