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P/B

Price-to-book: the share price relative to the per-share accounting book value of equity. A long-standing value yardstick, most informative for asset-heavy and financial businesses; less so where most value is intangible. Not-meaningful when book value per share is zero or negative.

Formula

Price ÷ book value per share

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Metrics on this page are computed by Moatkeep from reported filings and market data and are estimates: they depend on modelling choices (e.g. period alignment, share counts, currency) and on the underlying data being correct. Definitions are in the glossary. Figures are not investment advice — see the full disclaimer.

P/B — definition | Moatkeep