Price-to-Book

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Price-to-Book

A ratio of the share price of a publicly-traded company to its book value per share, which is the company's total asset value less the value of its liabilities. The P/B is a ratio of investor sentiment on the value of a stock to its actual value according to the Generally Accepted Accounting Principles. A high P/B means either that investors have overvalued the company, or that its accountants have undervalued it.
References in periodicals archive ?
While euro area banks price-to-book ratios have recovered from the lows of mid-2016, the gap between euro area and U.
According to the firm, the John Hancock Value Equity Fund invests primarily in common stocks of value-oriented companies, which generally have, among other characteristics, lower price-to-book ratios, lower forecasted growth values, and higher dividend yields relative to the broader market.
Extending prior research, we find that the presence of medical doctors on the boards of directors is associated with higher price-to-book ratios and firm values.
Japanese companies' price-earnings and price-to-book ratios are so low that for portfolio investors, the risk is not investing in Japan.
EXHIBIT AVERAGE PRICE-TO-BOOK RATIOS, SEPTEMBER 2, 2002 Sample Ratio Large widely 4.
Investors had asked for a discount because Nanya's shares had risen more than 30% since the beginning of the year to price/earnings and price-to-book ratios, exceeding larger firms in the sector such as Micron Technology and Infineon.
We studied five years of data, including market values, returns on assets, returns on equity, price-to-book ratios, price-to-earnings ratios and revenue growth.
Growth funds, on the other hand, generally have very high price-to-book ratios.
By enhancing the operating earnings of the institution, sale/leaseback transfers unrealized fixed asset appreciation value into the bank's Price-to-Earnings and Price-to-Book ratios.
Russell 1000(R) Growth Index: Measures the performance of those Russell 1000(R) Index securities with higher price-to-book ratios and higher forecasted growth values, representative of U.
They looked for stocks with low P/E and price-to-book ratios relative to the small cap Russell 2000 index.
The Russell 2000 Growth Index measures the performance of Russell 2000 companies with high price-to-book ratios and high forecasted growth values.