As of today (2024-05-05), Bright Green's share price is $0.2145. Bright Green's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.06. Hence, Bright Green's Price to Tangible Book Ratio of today is 3.64.
The historical rank and industry rank for Bright Green's Price-to-Tangible-Book or its related term are showing as below:
BGXX'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.58 Med: 6.3 Max: 7.01
Current: 3.58
During the past 4 years, Bright Green's highest Price to Tangible Book Ratio was 7.01. The lowest was 3.58. And the median was 6.30.
BGXX's Price-to-Tangible-Book is ranked worse than 66.67% of 873
companies
in the Drug Manufacturers industry
Industry Median: 2.35
vs BGXX: 3.58
Bright Green Price-to-Tangible-Book Historical Data
The historical data trend for Bright Green'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.
Competitive Comparison of Bright Green's Price-to-Tangible-Book
For the Drug Manufacturers - Specialty & Generic subindustry, Bright Green'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.
Bright Green's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Bright Green's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Bright Green's Price-to-Tangible-Book falls into.
Bright Green Price-to-Tangible-Book Calculation
Bright Green's price-to-tangible-book ratio for today is calculated as:
* 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.
It can also be calculated from the numbers for the whole company:
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.
Bright Green Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Bright Green's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Bright Green Corp is a provider of cannabis, cannabis-related products, and other legal medicinal plant-based therapies, manufactured for research and pharmaceutical applications, as well as being an active ingredient in consumer-based solutions. The company plans to focus on the development of cannabis strains and sales of products with high contents of CBN (cannabinol) and CBG (cannabigerol).
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BGXX has been successfully added to your 