5 Low Price-to-Book Stocks for Value Investors
Value investors actively look for stocks that they think the market has undervalued. It is their belief that the market overreacts to good and bad news, which results in stock price movements that do not correspond with a company's long-term fundamentals. This, according to them, creates an opportunity to profit when the price of the stock goes down. Value investors turn to financial ratios to help analyze a company's fundamentals.The price-to-book (P/B) ratio is widely favored by value investors for identi ...