Post by
Singoa58 on Dec 03, 2024 10:53am
Strong buy under 26
Another notable valuation metric for EGO is its P/B ratio of 0.85. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 1.33. Over the past year, EGO's P/B has been as high as 1.03 and as low as 0.59, with a median of 0.86.