NSE: NIFTYALPHA50

Nifty Alpha 50 Price to Book Ratio(PB)

16908.45 35.60 (0.21%)

Near 52W High

Volume: 452.1M

NSEOct 23, 2020 03:31 PM

The price-to-book ratio (P/B Ratio) is a ratio used to compare a stock's market value to its book value. It is calculated by dividing the current closing price of the stock by the latest quarter's book value per share. P/B Ratio = Stock price/ (Total Assets - Intangible Assets and Liabilities). (Investopedia)