In your interest.
Online Personal Finance Magazine
No beating about the bush.
Price to book value is a popular valuation tool. It is meaningless in practical application, as this small study proves. Analysis by Debashis Basu
One of the popular ways to value stocks is to use a formula that compares the market price to book value (P/B), which is arrived at by dividing the market price of a share with a company's book value per share. If a company is trading at a P/B of...