P/B values of MIN the last 3 years year| 2015| 2016| 2017...

P/B values of MIN the last 3 years

	Column 1	Column 2	Column 3	Column 4
0	year	2015	2016	2017
1	equity	$ 1,082,000,000	$ 1,008,000,000	$ 1,132,000,000
2	share capital	188000000	187000000	187000000
3	book value p/s	$ 5.76	$ 5.39	$ 6.05
4	share price	$ 6.60	$ 8.13	$ 10.85
5	P/B ratio	1.15	1.51	1.79

share price is has been running away from the book value per share over the last 3 financial years.
there are plus and minuses to high PB
plus: growth confidence in company
minus: share price could tank on negative announcement

IMO i dont want shares in a company that is that over valued.
good luck to CE but if you win im out!