PRICE TO BOOK Definition

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PRICE TO BOOK is a financial ratio that is derived by dividing a stock's capitalization by its book value. Also called Market-to-Book.

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BANK BALANCE is the amount of money in a bank account on a particular date as recorded by a financial institution on a bank statement.

EBIT is Earnings Before Interest and Tax. EBIT is an indicator of a companys financial performance calculated as revenue less expenses excluding tax and interest. It is sometimes referred to as operating earnings.

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