Solved: Problem regarding key statistics on pfizer, Accounting Basics

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Problem regarding key statistics on pfizer

Question: Please help with the following problem regarding key statistics on Pfizer. Provide at least 300 words in your answer.

Pfizer's book value per share is $11.71 but it's trading at almost twice that amount. Why are they different?

See the following link before answering the question.

https://finance.yahoo.com/q/ks?s=PFE+Key+Statistics

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Accounting Basics: Problem regarding key statistics on pfizer

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