$($Analyzing market value$)$ Lei Materials' balance sheet lists $$1\mathrm{.}00$ billion in total assets, $$100$ million in current liabilities, $$400$ million in long$-$term debt, $$500$ million in

common equity, and $50$ million shares of common stock. If Lei's current stock price is $$50\mathrm{.}00,$ what is the firm's market$-$to$-$book ratio?

The market$-$to$-$book ratio is

$($Round to two decimal places.$)$