This is a format created in the Acorn Draw program, intended for image visualization by using vector lines. It’s used for storing information in the publishing business (brochures, logotypes, etc.). The main advantage is it’s high quality source images when printing. It’s been in use since 1980.
PBM is a Portable image in black and white. Can be opened with programs: Adobe Photoshop CS, ACD Systems Canvas 15, ACD Systems ACDSee 17, Newera Graphics Converter Pro, Corel PaintShop Pro X6. File contains 1 bit per pixel. PBM is a kind of file format PPM. And can be readable or binary.