NSE: NIFTYTATAGROUP

Nifty Tata Group Price to Book Ratio(PB)

8028.25 -41.19 (-0.51%)

Volume: 219.8M

NSEOct 28, 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)