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PB Ratio: Discounted Valuation
Below historical average, slight contraction.
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Price-to-book ratio

Latest
12.93
↓ 32% below average
Average (9y)
18.96
Historical baseline
Range
High:27.77
Low:11.81
CAGR
-8.1%
Structural decline
PeriodValueChange
202512.93-4.8%
202413.59+15.1%
202311.81-34.1%
202217.93-0.5%
202118.01+40.4%
202012.83-52.4%
201926.97+24.3%
201821.70-16.8%
201726.09-6.0%
201627.77-