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.

Our regular round-up of financings in the biotech sector is headed by rumours of a $150 to $200 million initial public offering (IPO) for Aardvark ... a phase 1 trial in advanced or metastatic ...

A woman cycles past the Beijing Stock Exchange building adorned with Lunar New Year decorations, on the Financial Street in Beijing, China February 8, 2024. REUTERS/Florence Lo/File Photo Asia ...

The woman, believed to be a Canadian national, had been enjoying a holiday to the Turks and Caicos islands when the bloody attack happened last Friday. She had been just a few yards from the shore ...

Mahindra Lifespaces plans to raise up to Rs 1,500 crore through a rights issue to support debt reduction and growth. The board approved the plan to benefit eligible shareholders. Despite a net loss of ...

Tejas Cargo's SME IPO opens for subscription, offering fresh equity sales of 63 lakh shares at a price band of Rs 160-168 per share. The logistics company aims to use IPO proceeds for purchasing ...