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Planet 13 Holdings (XCNQ:PLTH) Price-to-Tangible-Book : 1.53 (As of May. 15, 2024)


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What is Planet 13 Holdings Price-to-Tangible-Book?

As of today (2024-05-15), Planet 13 Holdings's share price is C$0.82. Planet 13 Holdings's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$0.54. Hence, Planet 13 Holdings's Price to Tangible Book Ratio of today is 1.53.

The historical rank and industry rank for Planet 13 Holdings's Price-to-Tangible-Book or its related term are showing as below:

XCNQ:PLTH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.14   Med: 5.26   Max: 10.45
Current: 1.52

During the past 8 years, Planet 13 Holdings's highest Price to Tangible Book Ratio was 10.45. The lowest was 1.14. And the median was 5.26.

XCNQ:PLTH's Price-to-Tangible-Book is ranked better than
70.82% of 867 companies
in the Drug Manufacturers industry
Industry Median: 2.41 vs XCNQ:PLTH: 1.52

A closely related ratio is called PB Ratio. As of today, Planet 13 Holdings's share price is C$0.82. Planet 13 Holdings's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$0.62. Hence, Planet 13 Holdings's P/B Ratio of today is 1.32.


Planet 13 Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Planet 13 Holdings'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.

Planet 13 Holdings Price-to-Tangible-Book Chart

Planet 13 Holdings Annual Data
Trend Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 6.51 10.14 5.41 1.25 1.55

Planet 13 Holdings 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 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 1.48 1.14 1.82 1.55 1.55

Competitive Comparison of Planet 13 Holdings's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Planet 13 Holdings'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.


Planet 13 Holdings's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Planet 13 Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Planet 13 Holdings's Price-to-Tangible-Book falls into.



Planet 13 Holdings Price-to-Tangible-Book Calculation

Planet 13 Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.82/0.537
=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.


Planet 13 Holdings Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Planet 13 Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Planet 13 Holdings (XCNQ:PLTH) Business Description

Traded in Other Exchanges
Address
2548 West Desert Inn Road, Las Vegas, NV, USA, 89109
Planet 13 Holdings Inc operates as an integrated cannabis company based in Nevada, with cultivation, production, and dispensary operations in Las Vegas. The company is focused on providing an unparalleled dispensary experience and optimizing cultivation efficiencies through its technology as the vanguard of cannabis.
Executives
Christopher Brian Wren Senior Officer

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