Price to book
Fundamental analysisAlso called: P/B
Market capitalisation divided by book value.
In plain terms
Only compares businesses whose value sits on the balance sheet, and only means something read alongside return on equity.
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Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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