Price Per Book (TTM) (Ticker: PBOOK)

FreightWaves Customer SuccessRetired Indices

What is it?

The price per book ratio compares a firm’s market value to book value by dividing the market price per share by book value per share (BVPS). Book value is the net asset value (or equity) of a company calculated as total assets minus liabilities.

Who is interested?

The financial community and investors.

What does it tell me?

This is a valuation metric that measures how much investors are paying for each dollar of book equity.