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.

He usually stays within 4 percentage points of the benchmark's GICS industry weightings, and the fund's active share (a measure of portfolio distinctiveness) has hovered around 40%-50% ...

Exciting news: metro.news has merged with metro.co.uk! That means that as well as keeping up with all the latest news and features you love from Metro Newspaper you’ll also be joining the 23 ...