PB (PrivateBrand) products are also called private brand products or intermediary brand products. That is, retail companies develop new products by collecting, sorting, and analyzing information on consumer demand characteristics for certain types of products. Based on the design requirements in terms of function, price, shape, etc., we set up our own production base or choose a suitable production enterprise for processing and production. Finally, the retail enterprise uses its own trademark to register the new product and sell the goods in the enterprise. Corresponding to PB products are NB (National Brand) products that use the manufacturer's trademark and are sold in the national market.

PB is the abbreviation of English price/Bookvalue, and the Chinese name is the average price-to-book ratio. In stock investment, it is a common indicator of basic analysis techniques like the price-to-sales ratio, discounted cash flow, price-to-earnings ratio, etc.

PB refers to the ratio of the stock price per share of a listed company to the net assets per share. That is, his calculation method is PB = market price per share / net assets per share. "Price per share" is the result after the transaction in the securities exchange market; "Net assets per share" is the book value of the stock. When the company operates better and makes more profits, the net assets per share will increase accordingly. .

We understand the role of PB in the stock market and the role of PB value

1. In investment analysis, PB value has reference value. The level of PB value can reflect the quality of the assets of the listed company. When the PB value is low, it means that the asset quality is high, the company's development potential will be high, and investors will recognize it. On the contrary, if the company's development potential is low, investors will not recognize its development prospects.

2.PB value can be used as an important basis for predicting the stock price trend. The calculation of PB value is the market price per share/net assets per share, so the higher the PB value, the lower the net assets included in the stock's price per share, and the investment value of such stocks will not be too high, and vice versa. When the PB value is low, the value of the investment is very high.

Of course, it is impossible to make an accurate judgment based on one indicator alone. The market conditions, operating conditions, and profitability of the listed company at that time must also be taken into consideration. After all, there are too many factors that affect the stock market.

After we understand what PB means in the stock market and what role PB only plays, we have another indicator for predicting stock prices and trends when trading stocks. We hope it will be helpful to you.

Price to book ratio (P/B), also known as price to book ratio. The price-to-book ratio refers to the ratio of stock price per share to net assets per share. The price-to-book ratio can be used in investment analysis. Net assets per share is the book value of the shares, which is measured at cost, while the market price per share is the current value of these assets, which is the result of transactions on the securities market.