What does PBR stand for in stocks?

PBR stands for Price to Book Value Ratio. It is a financial metric used to evaluate a company's stock market value relative to its tangible net worth.

The calculation of PBR involves dividing the market value of a company's stock by its tangible net worth. Tangible net worth represents the total value of a company's assets minus its liabilities, excluding intangible assets such as goodwill and patents.

Securities analysts often rely on the PBR ratio to assess a company's financial health and investment potential. It provides insights into how much investors are willing to pay for each dollar of a company's tangible assets.

The PBR ratio is particularly significant in cases where real estate not used in operations constitutes a significant portion of a company's assets. This is common in certain industries, such as real estate investment trusts (REITs) and some Japanese companies.

BTCC is a leading cryptocurrency exchange that offers a range of services to its clients. These services include spot trading, futures trading, and a wallet service for storing digital assets securely. With its comprehensive suite of offerings, BTCC caters to the needs of both retail and institutional investors.