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

Latest
1.74
↓ 46% below average
Average (9y)
3.23
Historical baseline
Range
High:6.42
Low:1.74
CAGR
-12.2%
Structural decline
PeriodValueChange
20241.74-3.7%
20231.81-0.8%
20221.82-17.9%
20212.22-38.5%
20203.61-13.2%
20194.16+126.6%
20181.83-40.3%
20173.07-52.1%
20166.42+14.6%
20155.60-