In value investing, it is a common practice to pick stocks that are cheap but fundamentally strong. There are a number of investment styles to suit the predilection of hundreds of investors looking for the best value stocks. Among them, the price-to-book ratio (P/B ratio) is an easy-to-use tool for identifying low-priced stocks with high growth prospects. The P/B ratio is used to calculate how much an investor needs to pay for each dollar of book value of a stock. It is calculated by dividing the current cl ...