The stocks of Chinese Banks fell this year and were trading at price-to-book ratios that assumed these institutions would suffer substantial losses on their loan portfolios.

中国银行的股票下跌，今年和交易，在价格与帐面价值的比率，假设这些机构将蒙受其贷款组合的重大损失。

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A value investor typically selects stocks with lower than average price-to-book or price-to-earning ratios.

价值投资者一般选择价格对账面值比率或市盈率比市场平均低的股票。

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Stack looks at historical measures of valuation: price-to-book ratios, price-to-dividend ratios and price-to-earnings ratios.

FORBES: Magazine Article

My previous post elaborated on the probable value as measured by price-to-book ratios (PBRs) now available in the Japanese stock market.

FORBES: Whither Japan Stocks: Will Foreigners Investors Drive Gains?

It holds Apple and Sun, but also some dot-coms and smaller techs, all having lots of cash and low price-to-earnings and price-to-book ratios.

FORBES: Tech Stocks at a Crossroads