Price to Book breakdown for AmericanPrice to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is accounting value of assets minus liabilities.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
American Price to Book Assessment
Based on latest financial disclosure the price to book indicator of American Century Income Growth R is roughly 1.96 times. This is 20.25% higher than that of Category family, and 22.8% higher than that of Large Value category, The Price to Book for all funds is 88.46% lower than the firm.
Filter other Funds by Price to Book
Price to Book ComparisonAmerican is currently under evaluation in price to book among similar funds.
Follow American Price to Book with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Other American Fundamentals