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Price-To-Book Ratio (P/B Ratio) Backtest

By George on Thu, 2012-03-01 10:40
(via www.fatpitchfinancials.com)

The article shows the results of a 10-year backtest of P/B ratio divided up into quintiles. The top quintile with the lowest price-to-book value ratios clearly outperformed the market by a significant margin.

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