1.5.5 Price to book
The price to book (P/BV) ratio of asset is defined as
where:
is the estimated fair value of asset
.
is the 5-year trailing average book value of asset
.
The price to book (P/BV) ratio of asset is defined as
where:
is the estimated fair value of asset
.
is the 5-year trailing average book value of asset
.