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.

Partly cloudy. Medium chance of showers in the south, slight chance elsewhere. Snow possible above 1400 metres. Winds south to southwesterly 15 to 20 km/h tending west to southwesterly 20 to 30 km/h ...