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

Latest
2.33
↓ 43% below average
Average (9y)
4.09
Historical baseline
Range
High:9.85
Low:2.25
CAGR
-13.3%
Structural decline
PeriodValueChange
20242.33-6.5%
20232.49+9.4%
20222.27-31.3%
20213.31+15.0%
20202.88+0.4%
20192.87+27.6%
20182.25-48.1%
20174.33-56.1%
20169.85+17.7%
20158.37-