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.

German car-parts supplier Schaeffler warned that its profitability fell short of its guidance and consensus expectations last year, the latest sign of challenges facing the European auto market.

Schaeffler India Limited previously known as FAG Bearings India Ltd is one of India's major ball and rolling bearing manufacturers servicing the automotive and multiple core industrial segments.

Under the agreement, Schaeffler will supply core components—stator and rotor assemblies—for the flight e-drive system of XPENG AEROHT’s modular flying car, dubbed the Land Aircraft Carrier. Shanghai ...

Investing.com - Shares in Schaeffler AG (ETR:SHA0) slumped sharply in European trading on Wednesday after the car parts maker warned its full-year income margin would be below the group's guidance. In ...

Investing.com - Shares in Schaeffler AG (ETR:SHA0) slumped sharply in European trading on Wednesday after the car parts maker warned its full-year income margin would be below the group's guidance.