This format is used for storing bitmap images with improved levels of color and brightness performance. It combines exposures to record darker tones in the shadows or detail in the lighter areas of a given photo. HDR is able to combine multiple images with different levels of light distribution. It is used to create rich images.
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.