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.

Ashok Leyland Ltd., incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 58,011.10 Crore) operating in Auto sector. Ashok Leyland Ltd. key Products/Revenue Segments include ...