ARC common stock is selling for $$34\mathrm{.}14$ a share. The company has earnings per share of $$\mathrm{.}26$ and a book value per share of $$14\mathrm{.}21.$ What is the market$-$to$-$book ratio?

$2\mathrm{.}40$

$3\mathrm{.}97$

$5\mathrm{.}92$

$7\mathrm{.}69$

$8\mathrm{.}71$