Tag: Price to Book Ratio

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Price-to-book Ratio By Industry (2024)

by Sarath | | P/B ratio , Price to Book Ratio

One financial valuation statistic used to compare the current market value of a company to its book value is the Price to Book Ratio (also known as Market to Book Ratio). The book value is equal to the company’s net assets and is derived from the balance sheet. In other words, the ratio is used … Continued

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