WEDNESDAY: Mostly cloudy and cool with showers likely in the morning. High 55, low 34. THURSDAY: Mostly sunny, breezy, and warmer. High 70, low 43. FRIDAY: Warm and mostly sunny with a few ...

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.