Borealis Foods (Borealis Foods) Price-to-Tangible-Book : 5.87 (As of May. 15, 2024)

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What is Borealis Foods Price-to-Tangible-Book?

As of today (2024-05-15), Borealis Foods's share price is $4.00. Borealis Foods's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.68. Hence, Borealis Foods's Price to Tangible Book Ratio of today is 5.87.

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

BRLS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0 Med: 0 Max: 5.88
Current: 5.88

During the past 3 years, Borealis Foods's highest Price to Tangible Book Ratio was 5.88. The lowest was 0.00. And the median was 0.00.

BRLS's Price-to-Tangible-Book is ranked worse than
88.75% of 1707 companies
in the Consumer Packaged Goods industry
Industry Median: 1.73 vs BRLS: 5.88

A closely related ratio is called PB Ratio. As of today, Borealis Foods's share price is $4.00. Borealis Foods's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.68. Hence, Borealis Foods's P/B Ratio of today is 5.87.

Borealis Foods Price-to-Tangible-Book Historical Data

The historical data trend for Borealis Foods'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.

Borealis Foods Price-to-Tangible-Book Chart

Borealis Foods Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Borealis Foods Semi-Annual Data
	Dec21	Dec22	Dec23
Price-to-Tangible-Book	-	-	-

Competitive Comparison of Borealis Foods's Price-to-Tangible-Book

For the Packaged Foods subindustry, Borealis Foods'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.

Borealis Foods's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Borealis Foods's Price-to-Tangible-Book distribution charts can be found below:

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

Borealis Foods Price-to-Tangible-Book Calculation

Borealis Foods's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	4.00	/	0.681
	=	5.87

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.

Borealis Foods Price-to-Tangible-Book Related Terms

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

Borealis Foods (Borealis Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Borealis Foods Inc (NAS:BRLS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1540 Cornwall Road, Suite 104, Oakville, ON, CAN, L6J7W5

Website

https://www.borealisfoods.com

Borealis Foods Inc is a food technology company that has developed high-quality, affordable, sustainable, and nutritious ready-to-eat meals. It is a mission-driven company committed to utilizing its products to help solve national and global food security and nutrition challenges. Its commitment to nutrition, affordability and sustainability reflects its goal of positively impacting both human life and the planet. Through the development and launch of its ready-made ramen, featuring 20 grams of complete plant-based protein per serving, Borealis is developing advanced solutions to address global food challenges.

Borealis Foods (Borealis Foods) Headlines

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