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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.

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Reporting for TODAY, Joe Fryer shares a behind-the-scenes look at the history of the legendary studio, which started as the home of the NBC Symphony Orchestra in the 1930s. IE 11 is not supported.

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.