Price To Book (P/B)
Foot Locker, Inc. had a price to book ratio of 1.64 at the end of FY 2022.
The price to book ratio relates a company's valuation to its book value. It is calculated by dividing the market capitalization by the book value. The book value is the company's total assets minus its total liabilities. A company with a small positive P/B ratio may represent a safer investment than a company with a high ratio.