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The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.

Astitva Raj is a news author with 1.2 years of experience in journalism. He covers a wide range of topics, including politics, health, world, science ensuring her readers stay informed about the ...

The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.