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CanadaBis Capital (TSXV:CANB) Price-to-Tangible-Book : 1.53 (As of May. 17, 2024)


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What is CanadaBis Capital Price-to-Tangible-Book?

As of today (2024-05-17), CanadaBis Capital's share price is C$0.09. CanadaBis Capital's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was C$0.06. Hence, CanadaBis Capital's Price to Tangible Book Ratio of today is 1.53.

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

TSXV:CANB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.5   Med: 6.07   Max: 120
Current: 1.5

During the past 8 years, CanadaBis Capital's highest Price to Tangible Book Ratio was 120.00. The lowest was 1.50. And the median was 6.07.

TSXV:CANB's Price-to-Tangible-Book is ranked better than
66.21% of 867 companies
in the Drug Manufacturers industry
Industry Median: 2.36 vs TSXV:CANB: 1.50

A closely related ratio is called PB Ratio. As of today, CanadaBis Capital's share price is C$0.09. CanadaBis Capital's Book Value per Sharefor the quarter that ended in Jan. 2024 was C$0.06. Hence, CanadaBis Capital's P/B Ratio of today is 1.53.


CanadaBis Capital Price-to-Tangible-Book Historical Data

The historical data trend for CanadaBis Capital'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.

CanadaBis Capital Price-to-Tangible-Book Chart

CanadaBis Capital Annual Data
Trend Nov16 Dec17 Dec18 Jul19 Jul20 Jul21 Jul22 Jul23
Price-to-Tangible-Book
Get a 7-Day Free Trial 13.08 8.00 10.00 1.84 5.58

CanadaBis Capital Quarterly Data
Mar19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.03 6.19 5.58 4.05 3.90

Competitive Comparison of CanadaBis Capital's Price-to-Tangible-Book

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


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

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

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



CanadaBis Capital Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=0.09/0.059
=1.53

* 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.


CanadaBis Capital Price-to-Tangible-Book Related Terms

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


CanadaBis Capital (TSXV:CANB) Business Description

Traded in Other Exchanges
Address
PO Box 850, Rocky Mountain House, AB, CAN, T4T 1A6
CanadaBis Capital Inc is a vertically-integrated cannabis company. The firm engages in the production and sale of recreational cannabis. Its product line consists of Stigma Roots. It operates in three segments: wholesale, retail, and extraction and tolling. The wholesale segment cultivates and distributes cannabis and cannabis products to and through, provincial liquor and cannabis boards. Retail segment involves sale of cannabis and cannabis-related products to end consumers on-premise owned and operated by the Company. Extraction and tolling segment provides cannabinoid extraction services to other licensed producers. The company generates maximum of its revenue from Extraction and tolling.
Executives
Garfield Richards Senior Officer