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.
1993 May 30, 1993 Rights ratio: 1 share for every 1 held at a price of Rs 400.0 Tata Power Company Ltd., incorporated in the year 1919, is a Mid Cap company (having a market cap of Rs 1,11,229.77 ...