Life is so busy, and budgets so constrained, that very few of us are able to take time out of a proper listening session. More's the pity – we love the idea of decamping to our dedicated listening ...
The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.
The stock traded at a P/E multiple of 8.59, while the price-to-book value ratio stood at 1.73.