It is trading at a price to book value ratio
(PB) of 0.43 X, which is lower than majority of its peers.
It notes Emaar is currently trading at a price to earnings multiple of 7.42 and a price to book value ratio
of of 1.30.
Alternatively, the book value per share can be used to compute a price to book value ratio
(P/B) and a relative valuation can be performed as in the market approach presented in the previous section.
We are also pleased that our improved earnings and our stock repurchase program have combined to continue to improve our price to book value ratio
and return on equity."
"At a 2013 price to book value ratio
of 0.7x the bank is trading well below levels seen before the global financial crisis."
Because of the dichotomous grouping of companies, the total sample of "brand value" and "zero brand value" companies allow for tests of the representational faithfulness of balance sheets, as represented by variations in price to book value ratios
The first sample drawn from this database included companies with the 200 highest and the 200 lowest market price to book value ratios