BUSINESS

19 of 41 Drug Makers Log P/B Ratio Below 1; TSE’s Quest to Boost Market Cap Not Easy

By Tatsuya Otsuka April 4, 2023
The Tokyo Stock Exchange is urging companies to bolster their corporate values, sounding an alarm over the broad swath of stocks traded on its markets being undervalued as measured by the price-to-book ratio (P/B ratio). Jiho found that many pharma…

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