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.

The real-time price of Brent crude oil is at $76.49 per barrel, and the price of WTI crude oil is at $72.86 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...

The inelasticity of demand means that price changes will have little or no effect on the quantity demanded. One of the most fascinating topics in economics is the theory of consumer behaviour, ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...