banks valuations remains significant, with an average
price-to-book ratio of 0.
A company's willingness to pay regular cash dividends at an increasing rate sends a powerful clue about its future growth, which helps drive
price-to-book ratio to increase.
The
price-to-book ratio and changes in market capitalization served as measures of changes in firm size or value.
The bank is expected to apply to the Hong Kong Stock Exchange soon, to lower the minimum
price-to-book ratio to 1.
East Capital Explorer invests at a valuation corresponding to a
price-to-book ratio of 1.
The deal may lure investors back to bank shares trading at a 67 per cent discount to their five-year average
price-to-book ratio and a 48 per cent discount to the average price-to-earnings ratio, Hawa wrote.
After the bubble burst, the average
price-to-book ratio for Merrill Lynch's 20 most widely held stocks on September 2, 2002, was 4.
Morris uses the
price-to-book ratio, a measure of a stock's value in comparison to the worth of a company's hard assets, to separate the winners from the losers.
As with the P/E ratio, a mutual fund's
price-to-book ratio is the weighted average of all of the fund's holdings.
For each country, they calculated two measures of how stock markets value enterprises - the market
price-to-book ratio of equity for the average firm, and the ratio of market value to book value for debt plus equity for the average firm.
The forecast volatility is calculated using historical market data such as share price and trading volume, financial key figures (ratio of dividends to price,
price-to-book ratio, forecast earnings growth), sector and total shareholder return.
A company with a book value of $5 per share and a stock price of $15 has a
price-to-book ratio of 3:1.
