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Balance sheet price per share (given price-to-book ratio and market price per share)
Formula
BSPS
balance sheet price per share
MPS
market price per share
Formula description
The price-to-book ratio, or P/B ratio, is a financial ratio used to compare a company's book value to its current market price. Book value is an accounting term denoting the portion of the company held by the shareholders; in other words, the company's total tangible assets less its total liabilities.