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

Latest
1.70
↓ 39% below average
Average (9y)
2.81
Historical baseline
Range
High:4.99
Low:1.70
CAGR
-11.3%
Structural decline
PeriodValueChange
20241.70-9.7%
20231.88+7.2%
20221.76-3.4%
20211.82-22.9%
20202.36-32.7%
20193.51+27.7%
20182.75-13.7%
20173.18-23.5%
20164.16-16.5%
20154.99-