TerrAscend (TerrAscend) Price-to-Tangible-Book : (As of May. 31, 2024)

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What is TerrAscend Price-to-Tangible-Book?

As of today (2024-05-31), TerrAscend's share price is $1.5386. TerrAscend's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $-0.31. Hence, TerrAscend's Price to Tangible Book Ratio of today is .

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

During the past 8 years, TerrAscend's highest Price to Tangible Book Ratio was 155.56. The lowest was 2.35. And the median was 8.26.

TSNDF's Price-to-Tangible-Book is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 2.33
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, TerrAscend's share price is $1.5386. TerrAscend's Book Value per Sharefor the quarter that ended in Mar. 2024 was $0.79. Hence, TerrAscend's P/B Ratio of today is 1.94.

TerrAscend Price-to-Tangible-Book Historical Data

The historical data trend for TerrAscend'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.

TerrAscend Price-to-Tangible-Book Chart

TerrAscend Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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TerrAscend Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of TerrAscend's Price-to-Tangible-Book

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

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

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

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

TerrAscend Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	1.5386	/	-0.31
	=

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.

TerrAscend Price-to-Tangible-Book Related Terms

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

TerrAscend (TerrAscend) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

TED:Germany TSND:Canada

Address

3610 Mavis Road, Mississauga, ON, CAN, L5C 1W2

Website

https://www.terrascend.com

TerrAscend Corp is a company focused on creating and delivering quality cannabis products and services that meet the evolving needs of patients. It also provides education and support programs to physicians and patients through healthcare professionals. It has one operating segment, being cultivation, production, and sale of cannabis products, with subsidiaries located in Canada and the United States.