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.

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Historical timekeeping traditions are rethought by Audemars Piguet, which integrates a 17th-century complication into the new Code 11.59 by Audemars Piguet Starwheel watch. The wandering hours ...