Verano Holdings (Verano Holdings) Price-to-Tangible-Book : (As of Apr. 28, 2024)

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What is Verano Holdings Price-to-Tangible-Book?

As of today (2024-04-28), Verano Holdings's share price is $4.93. Verano Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-0.23. Hence, Verano Holdings's Price to Tangible Book Ratio of today is .

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

VRNOF's Price-to-Tangible-Book is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 2.34
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Verano Holdings's share price is $4.93. Verano Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $3.60. Hence, Verano Holdings's P/B Ratio of today is 1.37.

Verano Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Verano Holdings'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.

Verano Holdings Price-to-Tangible-Book Chart

Verano Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Verano Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Verano Holdings's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Verano Holdings'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.

Verano Holdings's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

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

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

Verano Holdings Price-to-Tangible-Book Calculation

Verano Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	4.93	/	-0.225
	=

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.

Verano Holdings Price-to-Tangible-Book Related Terms

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Verano Holdings (Verano Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Verano Holdings Corp (OTCPK:VRNOF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

VRNO:Canada

Address

415 North Dearborn Street, 4th Floor, Chicago, IL, USA, 60654

Website

https://www.veranogrown.com

Verano Holdings Corp is a vertically integrated multi?state cannabis operator in the United States. The company derives its revenues from its wholesale business and its retail dispensary chains. The retail business includes the design, build-out and operation of branded dispensaries in both medical and adult-use markets. The company's consumer brands include Encore, Avexia, MÜV, Savvy, BITS and Verano. The company's retail dispensaries operate under brands including Zen Leaf and MÜV.