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Price to Book Ratio Historical Data - Market to Book
The price to book ratio is a fundamental measure to value stocks by comparing a company's book value to its market price.
The book value, which is the portion of the company that is held by shareholders, is calculated by subtracting the total liabilities of the company to its total tangible assets. While price to book or P/B ratio is calculated by dividing the company market price by the book value per share.
As with the price to sales ratio, the price to book value should be used to compare companies that are within the same industry. This is because companies with more infrastructure capital are usually trading at lower price to book than other companies.
Analysts usually interpret the price to book ratio as follow: The lower the price to book ratio is the more undervalued a stock is. But bear in mind that this also could mean that there is something wrong in the company and this is why the P/B ratio should always be used with other indicators.
The current downloads gets historical price to book ratio data that spans from 2000 to present for companies listed on US exchanges. The data can be found in the following database's field "fundamental -> pb".
Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.
