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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 meeting features a total of five Group 1 races with the Rosehill Guineas joined by the Group 1 $4.96 million Golden Slipper Stakes (1200m), the Group 1 George Ryder Stakes (1500m), the Group 1 ...