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“Nihilism” comes from the Latin word nihil, or nothing, or “that which does not exist.” Nihilism can be defined as the belief that all values, and therefore institutions, are baseless ...

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.

Department of Inorganic Chemistry, Fritz-Haber-Institut der Max-Planck-Gesellschaft, 14195 Berlin, Germany ...