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 futures contract based on the benchmark Nifty 50 rose 0.23% or 55 points at 23,722.50 as of 7:30 a.m., indicating a likely higher start at market open.
The NSE Nifty 50 and BSE Sensex tumbled on Monday after US President Donald Trump unleashed the global trade war with levies of 25% on Canada and Mexico and 10% on China.