Price to Book Value (P/BV)
Price to Book Value (P/BV) is a financial metric that compares a company's current market price of its stock to its book value. The book value of a company is the total value of its assets minus the total value of its liabilities. P/BV ratio reflects the actual value of a company in comparison to its market value. Generally, a lower P/BV ratio suggests that the stock is undervalued and a higher P/BV ratio indicates an overvalued stock. Investors often use P/BV ratio to determine whether to purchase a company's stock at its current market price.
Additional Details
| Metric Name |
Type |
Default Period Type |
| price_to_book |
fin_metric |
FY |
| Data Format |
Display Format |
Unit |
| float |
number |
multiple |