Price to Book Ratio Definition & Application Wiki

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Short Description

The price-to-book ratio, or P/B ratio, is a financial ratio used to compare a company's book value to its current market price (or Enterprise Value). The lower the better. A low ratio indicates that their is more value for each share of the company.

Long Description

Source: http://en.wikipedia.org/wiki/P/B_ratio

Page tags: book price ratio