GreenFirst Forest Products (TSX:GFP) Price-to-Tangible-Book : 0.69 (As of May. 12, 2024)

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What is GreenFirst Forest Products Price-to-Tangible-Book?

As of today (2024-05-12), GreenFirst Forest Products's share price is C$0.68. GreenFirst Forest Products's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.98. Hence, GreenFirst Forest Products's Price to Tangible Book Ratio of today is 0.69.

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

TSX:GFP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.43 Med: 0.78 Max: 2.88
Current: 0.69

During the past 13 years, GreenFirst Forest Products's highest Price to Tangible Book Ratio was 2.88. The lowest was 0.43. And the median was 0.78.

TSX:GFP's Price-to-Tangible-Book is ranked better than
67.99% of 278 companies
in the Forest Products industry
Industry Median: 1.065 vs TSX:GFP: 0.69

A closely related ratio is called PB Ratio. As of today, GreenFirst Forest Products's share price is C$0.68. GreenFirst Forest Products's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$1.04. Hence, GreenFirst Forest Products's P/B Ratio of today is 0.65.

GreenFirst Forest Products Price-to-Tangible-Book Historical Data

The historical data trend for GreenFirst Forest Products'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.

GreenFirst Forest Products Price-to-Tangible-Book Chart

GreenFirst Forest Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.80

2.88

1.51

1.28

0.97

GreenFirst Forest Products 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															1.28	1.13	1.04	0.96	0.97

Competitive Comparison of GreenFirst Forest Products's Price-to-Tangible-Book

For the Lumber & Wood Production subindustry, GreenFirst Forest Products'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.

GreenFirst Forest Products's Price-to-Tangible-Book Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, GreenFirst Forest Products's Price-to-Tangible-Book distribution charts can be found below:

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

GreenFirst Forest Products Price-to-Tangible-Book Calculation

GreenFirst Forest Products's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.68	/	0.981
	=	0.69

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.

GreenFirst Forest Products Price-to-Tangible-Book Related Terms

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

GreenFirst Forest Products (TSX:GFP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » GreenFirst Forest Products Inc (TSX:GFP) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

ICLTF:USA IMT:Germany

Address

401 The West Mall, Suite 1000, Vancouver, BC, CAN, M9C 5J5

Website

https://www.greenfirst.ca

GreenFirst Forest Products Inc is a forest-first business, focused on sustainable forest management and lumber production. The Company operates through two business segments: forest products and paper products. Through its forest products segment, the Company produces and markets a wide range of forest products for use in residential and commercial construction, including SPF lumber, wood chips, and by-products. The Paper Products segment manufactures and sells paper-grade products used in printing newspapers, promotional materials, food service bags, and other related paper products.

Executives

Michael Clark Mitchell

Director

GreenFirst Forest Products (TSX:GFP) Headlines

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