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.

Lakshmi Machine Works Limited (LMW) was incorporated on 14th September 1962 to provide the Indian Textile Mills with the latest Spinning Technology. The Company is a global player and one among the 3 ...