Investment word of the day: Price-to-book ratio — what is P/B ratio and why is it important? | Stock Market News
Source: Live Mint Investment word of the day: There are several measures to understand whether a stock aligns with your investment or financial goals. One such metric is the price-to-book ratio or P/B ratio, which helps determine whether a stock is overvalued or undervalued. What is the P/B ratio? The price-to-book value ratio, also known…