Price-to-Book Ratio Calculator

About this calculator

This calculator finds the price-to-book (P/B) ratio: P/B = Share Price / Book Value per Share, where book value per share is a company's total equity minus intangibles, divided by shares outstanding. A P/B under 1 can suggest a stock is trading below the accounting value of its net assets.

Value investors, equity analysts, and finance students use P/B alongside metrics like P/E to screen for undervalued stocks, and it's especially relevant for asset-heavy businesses such as banks and industrials, where book value closely tracks tangible worth. Enter the share price and book value per share to get the ratio.