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INDVR Brands (XCNQ:IDVR) PB Ratio : 0.15 (As of May. 30, 2024)


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What is INDVR Brands 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 (2024-05-30), INDVR Brands's share price is C$0.005. INDVR Brands's Book Value per Share for the quarter that ended in Oct. 2021 was C$0.03. Hence, INDVR Brands's PB Ratio of today is 0.15.

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

XCNQ:IDVR's PB Ratio is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.945
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


INDVR Brands PB Ratio Historical Data

The historical data trend for INDVR Brands'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.

INDVR Brands PB Ratio Chart

INDVR Brands Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 7.50 1.85 8.46

INDVR Brands Quarterly Data
Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21
PB Ratio 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 2.57 8.46 5.91 1.43 0.61

Competitive Comparison of INDVR Brands's PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, INDVR Brands'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.


INDVR Brands's PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, INDVR Brands's PB Ratio distribution charts can be found below:

* The bar in red indicates where INDVR Brands's PB Ratio falls into.



INDVR Brands 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.

INDVR Brands's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Oct. 2021)
=0.005/0.033
=0.15

* 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.


INDVR Brands  (XCNQ:IDVR) 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.


INDVR Brands PB Ratio Related Terms

Thank you for viewing the detailed overview of INDVR Brands's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


INDVR Brands (XCNQ:IDVR) Business Description

Traded in Other Exchanges
N/A
Address
C/O Fasken Martineau DuMoulin LLP, 350 7 Avenue SW, Suite 3400, ATTN Willian DeJong, Calgary, AB, CAN, T2P 3N9
INDVR Brands Inc is focused on providing personnel and management resources as well as infrastructure and equipment for use in the production, cultivation and dispensary operations of licensed cannabis businesses. It provides support services to licensed cannabis businesses.

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