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.
According to the SNS Insider Report,“The Photonic Integrated Circuit (PIC) Market size was valued at USD 10.08 billion in 2023 and is expected to reach USD 45.05 billion by 2032 and grow at a ...
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