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The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.
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Mining shares closed lower in the Tuesday's session. Madhav Marbles & Granites Ltd.(up 4.82%), Pokarna Ltd.(up 1.08%), Aro Granite Industries Ltd.(up 0.58%), MOIL Ltd.(up 0.37%), Ashapura Minechem Ltd ...
The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.
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