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Gold Flora (Gold Flora) PB Ratio : (As of May. 01, 2024)


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What is Gold Flora PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-01), Gold Flora's share price is $0.26. Gold Flora's Book Value per Share for the quarter that ended in Dec. 2023 was $-0.03. Hence, Gold Flora's PB Ratio of today is .

The historical rank and industry rank for Gold Flora's PB Ratio or its related term are showing as below:

During the past 2 years, Gold Flora's highest PB Ratio was 3.77. The lowest was 0.00. And the median was 0.00.

GRAM's PB Ratio is not ranked *
in the Tobacco Products industry.
Industry Median: 1.87
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Gold Flora PB Ratio Historical Data

The historical data trend for Gold Flora's PB Ratio 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.

Gold Flora PB Ratio Chart

Gold Flora Annual Data
Trend Dec22 Dec23
PB Ratio
- -

Gold Flora Quarterly Data
Sep22 Dec22 Sep23 Dec23
PB Ratio - - 1.27 -

Competitive Comparison of Gold Flora's PB Ratio

For the Tobacco subindustry, Gold Flora's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Gold Flora's PB Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Gold Flora's PB Ratio distribution charts can be found below:

* The bar in red indicates where Gold Flora's PB Ratio falls into.



Gold Flora PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Gold Flora's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.26/-0.026
=

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Gold Flora  (OTCPK:GRAM) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Gold Flora PB Ratio Related Terms

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Gold Flora (Gold Flora) Business Description

Comparable Companies
Traded in Other Exchanges
Address
3165 Red Hill Avenue, Costa Mesa, CA, USA, 92626
Gold Flora Corp is one of the few cannabis brands that is vertically integrated and woman-owned and operated. Gold Flora started with a mission to provide an easy and consistent way for consumers to enjoy cannabis. After years of hard work and a shared passion for the plant, Gold Flora has become a California powerhouse - with cultivation, manufacturing, extraction, distribution, retail and a portfolio of brands that create an array of superior products that make a difference in people's lives. Its products include disposable vape pens and gold flora flowers.

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