DefinitionThe price-to-book ratio (P/B Ratio) is a ratio used to compare a stock's market value to its book value. A lower P/B ratio could mean that the stock is undervalued. However, it could also mean that something is fundamentally wrong with the company. As with most ratios, be aware that this varies by industry. This ratio also gives some idea of whether you're paying too much for what would be left if the company went bankrupt immediately.
Get This Data
If you need this data in your application or spreadsheet, take a look at our offerings below. In many cases, you can start for free!
Intrinio is a financial data platform. Our data feeds and API can power your apps, dashboards, and spreadsheets. Take advantage of our low startup costs, reasonable licensing, and free chat support.