Nextleaf Solutions (XCNQ:OILS) Price-to-Tangible-Book : 5.40 (As of May. 30, 2024)

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What is Nextleaf Solutions Price-to-Tangible-Book?

As of today (2024-05-30), Nextleaf Solutions's share price is C$0.135. Nextleaf Solutions's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.03. Hence, Nextleaf Solutions's Price to Tangible Book Ratio of today is 5.40.

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

XCNQ:OILS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.48 Med: 3.94 Max: 10
Current: 5.4

During the past 7 years, Nextleaf Solutions's highest Price to Tangible Book Ratio was 10.00. The lowest was 1.48. And the median was 3.94.

XCNQ:OILS's Price-to-Tangible-Book is ranked worse than
76.28% of 860 companies
in the Drug Manufacturers industry
Industry Median: 2.33 vs XCNQ:OILS: 5.40

A closely related ratio is called PB Ratio. As of today, Nextleaf Solutions's share price is C$0.135. Nextleaf Solutions's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.03. Hence, Nextleaf Solutions's P/B Ratio of today is 5.00.

Nextleaf Solutions Price-to-Tangible-Book Historical Data

The historical data trend for Nextleaf Solutions'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.

Nextleaf Solutions Price-to-Tangible-Book Chart

Nextleaf Solutions Annual Data

Trend

Mar17

Mar18

Sep19

Sep20

Sep21

Sep22

Sep23

Price-to-Tangible-Book

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5.51

3.52

10.00

3.95

2.50

Nextleaf Solutions Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															3.95	3.00	2.22	2.50	2.40

Competitive Comparison of Nextleaf Solutions's Price-to-Tangible-Book

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

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

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

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

Nextleaf Solutions Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.135	/	0.025
	=	5.40

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.

Nextleaf Solutions Price-to-Tangible-Book Related Terms

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

Nextleaf Solutions (XCNQ:OILS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Nextleaf Solutions Ltd (XCNQ:OILS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

OILFF:USA

Address

68 Water Street, Suite 304, Vancouver, BC, CAN, V6B 1A4

Website

https://www.nextleafsolutions.com

Nextleaf Solutions Ltd is is a Canadian cannabis extractor and processor, with a focus on developing intellectual property for the extraction, distillation formulation, and delivery of cannabinoids. The Company has a single reportable segment being the provision of goods and services to the cannabis industry in Canada. All the Company's revenues are generated in Canada. Revenue from sale of goods and services includes sales of bulk distillate, branded (Glacial Gold) vape pens, oils, and softgels (branded extract products), and private label which includes toll processing and other services. Majority being from Branded extract products.

Executives

Emma Jane Andrews

Senior Officer

Nextleaf Solutions (XCNQ:OILS) Headlines

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