Price-to-Book (P/B Ratio) – Definition, Formula and Limitations
Price-to-Book (P/B Ratio): In the world of investing and finance, the Price-to-Book (P/B) Ratio is a critical metric that helps investors understand the relative value of a company’s stock in relation to its book value. This ratio is particularly important for assessing the market value of companies in asset-heavy industries such as banking, insurance, and … Read more