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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.

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But, going by the signals being sent, we cannot rule out the scenario of a China empowered by the withdrawal of a US defensive shield from Asia. That the US is ready to strike big-ticket armament ...

'Future of the game': Stephen Crichton, Ardie Savea among Pacific sporting legends backing Mana Pasifika bid ...