The market value is the price per share multiplied by the number of shares. The debt ratio is not the debt divided by the market value of the company, but the ratio of debt to owner's equity (shareholder's equity).
Characteristics of equity value:
Taking the enterprise as an organic whole, according to all the assets it owns or occupies and its overall profitability, and fully considering various factors affecting the profitability of the enterprise, the overall fair market value of the enterprise is comprehensively evaluated. The general object of enterprise value evaluation is the overall economic value of the enterprise. Enterprise value evaluation is the product of modern market economy. Enterprise value evaluation is a professional service behavior that evaluates and estimates the enterprise value for a specific purpose on the evaluation base date and issues an evaluation report.