Global Valuation – Price-to-Book (the number in the cell is P/B, the color is relative rich/cheap based on key below)
Dark blue (very cheap) = current relative valuation < -1.5 standard deviations from historical average
Light blue (cheap) = current relative valuation between < -1.5 and <-0.75 standard deviations from historical average
No colour (neutral or N/A) = current relative valuation between > -0.75 and <+0.75 standard deviations from historical average
Peach (expensive) = current relative valuation between > +0.75 and <+1.5 standard deviations from historical average
Red (very expensive) = current relative valuation between > +1.5 standard deviations from historical average