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.

Auto stocks such as Tata Motors Ltd, Sona BLW Precision Forgings Ltd, Bharat Forge Ltd and Samvardhana Motherson International Ltd (SAMIL) witnessed sharp downsides today on worries the US tariff ...