StockDecksPrice to book (P/B)
How the share price compares with the value of the company’s net assets on its balance sheet.
How it’s calculated
Share price ÷ book value per share, where book value is total assets minus total liabilities.
How to read it
A P/B of 1 means the market values the company at about what its accounts say it is worth. It is most informative for asset-heavy businesses such as banks and insurers, and least for companies whose value lies in brands, software or people, which barely appear on a balance sheet.
Heavy share buybacks shrink book value and can make P/B look very high. When a company’s share price and its accounts are in different currencies, StockDecks converts the market value at the current exchange rate before comparing.
How StockDecks scores it
Lower scores better. 1 counts as strong, 3 as typical and 8 as weak.
It is one of the measures behind the Valuation rating. Every measure, benchmark and weighting is set out on the methodology page.
Real examples
Across the 97 companies StockDecks has a page for with this figure available, as of 24 October 2026, the middle value is 5.3×.
Lowest
Taylor Wimpey 0.7× · Land Securities 0.75× · 3i Group Ord 0.76×
Highest
Autotrader 1095.35× · Experian 675.14× · Imperial Brands 562.44×
Figures from Yahoo Finance, captured 24 October 2026. Being high or low on one measure says little on its own — each company page shows how this measure sits alongside the others.