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

Latest
1.38
↓ 36% below average
Average (9y)
2.16
Historical baseline
Range
High:5.14
Low:1.32
CAGR
-13.6%
Structural decline
PeriodValueChange
20241.38+4.3%
20231.32-4.5%
20221.38-30.8%
20212.00+30.0%
20201.54-12.1%
20191.75+20.5%
20181.45-45.8%
20172.67-10.7%
20162.99-41.8%
20155.14-