Book value & price-to-book (P/B)
Book value is a company’s net assets on its balance sheet; the price-to-book (P/B) ratio compares the share price to that book value per share.
Book value is what a company’s balance sheet says its assets are worth after subtracting its liabilities — roughly, the accounting net worth belonging to shareholders. The price-to-book (P/B) ratio divides the share price by book value per share, so a P/B of 1.0 means the market values the company at exactly its accounting net worth.
A low P/B has historically been associated with "value" stocks, but it is far more meaningful for asset-heavy businesses (banks, insurers, industrials) than for asset-light ones (software, brands), whose real value — people, code, intangibles — is barely on the balance sheet. A P/B below 1.0 can signal a bargain or a business the market expects to destroy value.
stocks-llm shows P/B where available, as delayed data with its as-of date, and treats it as one context measure rather than a standalone signal.
Lowest price-to-book (P/B) in the catalog
| Company | P/B | |
|---|---|---|
| 1 | BNY Mellon (BNY) | 0.01 |
| 2 | REPUBLIC AIRWAYS HOLDINGS INC (RJET) | 0.04 |
| 3 | GRAY MEDIA INC (GTN) | 0.20 |
| 4 | EchoStar (ECHO) | 0.20 |
| 5 | ORION PROPERTIES INC (ONL) | 0.20 |
Live from the catalog, as of 2026-07-21 — delayed data from SEC EDGAR + Finnhub.
See more terms in the stocks-llm glossary.
Informational only — NOT financial advice. This is an educational definition, not a recommendation to buy or sell anything. Metrics on stocks-llm are delayed data and may be missing or stale. Always verify information independently and consult a qualified financial professional before making any investment decision.