Buy These 5 Price-to-Book Value Stocks in November
The Greenbrier panies(GBX) ZACKS·2024-11-13 21:01
Value investors have preferred the price-to-earnings ratio or P/E since time immemorial as a means to identify value stocks. However, in the case of loss-making companies that have a negative price-to-earnings ratio, the price-to-sales or P/S ratio is considered while determining their true value.However, the price-to-book ratio (P/B ratio), though used less often, is also an easy-to-use valuation tool for identifying low-priced stocks with great returns.P/B is the ratio of stock price to book value.It is c ...