Investing to become financially independent
Investing to become financially independent
The Price to Book Ratio (P/B) is a fundamental financial indicator that allows investors to evaluate a company's market value relative to its book value. This ratio is calculated by dividing the stock price by the book value per share. A P/B ratio below 1 may suggest undervaluation, while a high ratio may indicate potential overvaluation.
The Price to Book Ratio: definition, calculation and backtest Read More »
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