analysis · beginner
Price-to-book
Price-to-book compares market price with reported book value per share.
PB is especially common in Indian banking and financial stock analysis.
A PB below one means the market value is less than accounting net assets per share.
Asset quality and return on equity influence whether a low PB is considered justified.
Index and stock screeners on NSE and vendor platforms publish PB alongside PE.
Part of the Market Pulse Term of the Day series — factual market vocabulary, not investment advice.