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PB Ratio: Discounted Valuation
Below historical average, structural decline.
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Price-to-book ratio

Latest
2.23
↓ 41% below average
Average (9y)
3.81
Historical baseline
Range
High:9.62
Low:1.56
CAGR
-15.0%
Structural decline
PeriodValueChange
20242.23-8.8%
20232.45+56.9%
20221.56-38.8%
20212.55-14.0%
20202.97+60.7%
20191.85-11.1%
20182.08-66.9%
20176.29-3.7%
20166.53-32.1%
20159.62-