Is It Time to Buy? What History Shows [View article]
Elly
P/B is the ratio of the stock Price per share to the company's Book value per share. How can you agree if you don't know what it is? In this case accounting changes (mark to market) and inflation would suggest that you would have to adjust the past statistics to arrive at comparable numbers.
On Dec 12 11:29 AM ellyr wrote:
> I agree with your point in general. What is the B under the Price? > > Sorry new to investments. > > thanks > > Elly
Is It Time to Buy? What History Shows [View article]
P/B is the ratio of the stock Price per share to the company's Book value per share. How can you agree if you don't know what it is? In this case accounting changes (mark to market) and inflation would suggest that you would have to adjust the past statistics to arrive at comparable numbers.
On Dec 12 11:29 AM ellyr wrote:
> I agree with your point in general. What is the B under the Price?
>
> Sorry new to investments.
>
> thanks
>
> Elly