The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.

IT services company LTIMindtree reported 2% year-on-year (YoY) growth in its consolidated net profit at Rs 1129 crore in the fourth quarter, while revenue from operations increased 10% YoY to Rs 9772 ...