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.

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.

Lock-in expiries on $4 billion of newly listed Indian shares added pressure to a stock market already down $1 trillion since December. Weak sentiment and slowing earnings growth may impact upcoming ...