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.
Over the last 5 years, the share price of Meesho has gained 1.15% CAGR. Over the past year, the corresponding return has been 5.88%. Meesho’s current P/E of 0.00x helps give context to how the market ...
Justin Jaffe is the Managing Editor for CNET Money. He has more than 20 years of experience publishing books, articles and research on finance and technology for Wired, IDC and others. He is the ...