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What does pb mean?
Pb is the average price-to-book ratio that is often improved financially.

Pb's calculation company is the number obtained by dividing the stock price by the average book value, mainly to see how much the stock price is overvalued and whether there is a high premium risk. This technical indicator is the same as some technical indicators such as price-earnings ratio. They are the main technical indicators for experts to analyze stocks, and many decisions are made based on their data. If you want to get good returns in the stock market, you should not only know the operation skills, but also know how to analyze the company. Many people can get long-term stable income, that is, they know how to analyze the company, especially its financial data. For experts, the company's pb is an important part of the company's financial analysis, which can directly reflect whether the stock price is overvalued or undervalued.

There are many technical methods to analyze the company's stock, mainly fundamental analysis and technical analysis. The basic analysis mainly analyzes the trend of stocks from a macro perspective, mainly looking at the market trend, policy orientation and stock price trend. This analysis method is well understood by many people. But the basic analysis is not enough, and some technical analysis is needed. Technical analysis is the analysis of these technical indicators, many of which are financial data, which can reflect the risk of stocks to a certain extent and provide a good basis for stock speculators to understand what to do next.