What is the price-to-book ratio?

In his latest video tutorial, Tim Bennett explains the price-to-book ratio, a widely-used valuation yardstick.

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The latest in Tim Bennett's video tutorials for novice investors. An explanation of the price-to-book ratio, a widely-used valuation yardstick

See also MoneyWeek's financial glossary.

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Tim Bennett

Tim graduated with a history degree from Cambridge University in 1989 and, after a year of travelling, joined the financial services firm Ernst and Young in 1990, qualifying as a chartered accountant in 1994.

He then moved into financial markets training, designing and running a variety of courses at graduate level and beyond for a range of organisations including the Securities and Investment Institute and UBS. He joined MoneyWeek in 2007.