A better alternative to P/E or P/B?

(via articles.moneycentral.msn.com)

A new study shows that a lesser-used valuation metric, the gross profits-to-assets ratio, might have value.

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MacieH on Sat, 2010-05-29 00:01

Is there a better way on how to solve the problems that we encounter in the economy nowadays?As you will observe,things are becoming too complicated and the economic status is getting worse.What do you think are the causes of these?Rumor has it that by the end of 2010 the stock market will crash yet again.The recent flash crash coupled with the fact the market has been unstable for a time makes me not really worry so much about this prediction. With how bad our economy has been for recent years, a crash doesn't scare me anymore. A crash to me implies that there's nowhere left to fall so all that can happen is our economy can get better. Then again for other people, an additional crash could be enough to send the entire market spiraling down to a crippled economy. Some think we are currently there. What do you think?