Price 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.
Philippine Price to Book Assessment
Based on latest financial disclosure the price to book indicator of Philippine Long Distance Telephone Company is roughly 3.99 times. This is 58.22% lower than that of Technology sector, and 128.0% higher than that of Telecom Services - Foreign industry, The Price to Book for all stocks is 32.72% higher than the company.
Filter other Stocks by Price to Book
Philippine is considered to be number one stock in price to book category among related companies.
Follow Philippine Price to Book with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Other Philippine Fundamentals