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.Compare PowerShares to competition
PowerShares Price to Book Assessment
Based on latest financial disclosure the price to book indicator of PowerShares Dynamic Insurance is roughly 0.66 times. This is 57.69% lower than that of PowerShares family, and 38.21% lower than that of Financial category, This indicator is about the same for all etfs average (which is currently at 0.66).
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PowerShares is currently under evaluation in price to book as compared to similar ETFs.
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