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.

Defence-related stocks continued to remain in the limelight on Tuesday, with Bharat Dynamics surging over 11 per cent. Shares of Bharat Dynamics zoomed 11.16 per cent, Axiscades Technologies surged 5 ...