Compare with "your own past PBR" or "companies in the same list of iceland whatsapp phone numbers industry" Assume that the past stock price-to-book ratio of a stock has been between 1.5 times and 2.3 times. When the PBR is lower than 1.5, it can be judged that the stock is at a relatively cheap price. However, if the PBR is getting lower and lower, it can be judged that the stock is at a relatively cheap price. situation, you must be particularly careful, as the company may be in a state of decline.
In the market, we can find that the "price to book value ratio" of many electronic stocks is much higher than that of traditional industry stocks. This is because the product structures of different industries are inherently different, so they cannot be compared together. Therefore, The price-to-book value ratio is meaningful only when compared between companies in the same industry. The "Share Price to Net Value Ratio River Chart" puts the stock price and stock price to net value ratio data on a trend chart at the same time, presenting it graphically.
