The answer back then was a model that was "incredibly generous" to investors, who only pay 4% tax and ... than 10 years. The Bank of England has been cutting interest rates too quickly, its ...

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.

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.