Price to Book AnalysisPrice 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.
About Price to BookPrice 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 to competition|
Based on latest financial disclosure the price to book indicator of First Majestic Silver Corp is roughly 2.06 times. This is 84.3% lower than that of the Basic Materials sector, and significantly higher than that of Precious Metals industry, The Price to Book for all stocks is 85.73% higher than the company.