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.
JPMorgan (NYSE:JPM) added Home Depot (NYSE:HD) and Wayfair (NYSE:W) to its Analyst Focus List, citing improving market ...
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.