Medical Marijuana (Medical Marijuana) Price-to-Tangible-Book : 0.03 (As of Jun. 08, 2024)

View and export this data going back to 2011. Start your Free Trial

What is Medical Marijuana Price-to-Tangible-Book?

As of today (2024-06-08), Medical Marijuana's share price is $0.0018. Medical Marijuana's Tangible Book per Share of Dec. 2017 for the quarter that ended in Dec. 2017 was $0.07. Hence, Medical Marijuana's Price to Tangible Book Ratio of today is 0.03.

The historical rank and industry rank for Medical Marijuana's Price-to-Tangible-Book or its related term are showing as below:

MJNA's Price-to-Tangible-Book is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 2.265
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Medical Marijuana's share price is $0.0018. Medical Marijuana's Book Value per Sharefor the quarter that ended in Dec. 2017 was $0.08. Hence, Medical Marijuana's P/B Ratio of today is 0.02.

Medical Marijuana Price-to-Tangible-Book Historical Data

The historical data trend for Medical Marijuana's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Medical Marijuana Price-to-Tangible-Book Chart

Medical Marijuana Annual Data

Trend

Dec09

Dec10

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.33

1.43

0.58

1.64

2.31

Medical Marijuana Semi-Annual Data
	Dec09	Dec10	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17
Price-to-Tangible-Book	Get a 7-Day Free Trial			3.33	1.43	0.58	1.64	2.31

Competitive Comparison of Medical Marijuana's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Medical Marijuana's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Medical Marijuana's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Medical Marijuana's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Medical Marijuana's Price-to-Tangible-Book falls into.

Medical Marijuana Price-to-Tangible-Book Calculation

Medical Marijuana's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2017 )
	=	0.0018	/	0.065
	=	0.03

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Medical Marijuana Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Medical Marijuana's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Medical Marijuana (Medical Marijuana) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Medical Marijuana Inc (OTCPK:MJNA) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

2384 La Mirada Drive, Vista, CA, USA, 92081

Website

https://www.medicalmarijuanainc.com

Medical Marijuana Inc is engaged in the development, sale, and distribution of hemp oil that contains naturally occurring cannabinoids, including cannabidiol and other products containing CBD-rich hemp oil. The company's products are used by pharmaceutical, nutraceutical, and cosmeceutical industries. Some of its products are CBD Capsules, CBD Tinctures, Vaporizers, and Hemp foods among others.