Nifty Financial Services Price to Book Ratio(PB)

11892.80 -189.30 (-1.57%)

48.95% Gain from 52W Low

Volume: 0

NSEOct 28, 2020 10:54 AM

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)