Is there a value opportunity in IP Group, one of the ‘cheapest’ stocks on the FTSE 250?
With a price-to-book (P/B) ratio of just 0.66, IP Group (LSE:IPO) looks like one of the ‘cheapest’ stocks on the FTSE 250. It also has a low price-to-earnings (P/E) ratio of just 9.23, a level usually only seen on stocks with a tanking share price …