Page File Bytes is the current amount of virtual memory, in bytes, that this process has reserved for use in the paging file(s). ...

Page File Bytes is the current amount of virtual memory, in bytes, that this process has reserved for use in the paging file(s). Paging files are used to store pages of memory used by the process that are not contained in other files. Paging files are shared by all processes, and the lack of space in paging files can prevent other processes from allocating memory. If there is no paging file, this counter reflects the current amount of virtual memory that the process has reserved for use in physical memory.