NSE: NIFTYNEXT50

Nifty Next 50 Price to Book Ratio(PB)

27462.15 399.75 (1.48%)

49.38% Gain from 52W Low

Volume: 200.3M

NSEOct 27, 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)