πP/B ratio, also known as the price-equity ratio
πP/B ratio is an excellent tool to identify the stocks trading at a discount
To maximize the capital, it is always important for an intelligent investor to invest with due diligence and consider all the factors that may influence the price of a stock.
βAn ideal P/B ratio for banks is considered to be 1.83 as per the market in India
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Posted On: 14 Nov 2022 9:00 PM