Book value is an accounting measure reflecting the company's total assets less its total liabilities but is not the most useful metric.

The price-to-book (P/B) ratio is widely favored by value investors for identifying low-priced stocks with exceptional returns. The ratio is used to compare a stock’s market value/price to its book ...

Precision Funds Management's Dermot Woods says price to book value is the simplest way to value a stock. Here's how it works.