Delta 9 Cannabis (Delta 9 Cannabis) Price-to-Tangible-Book : (As of Jun. 14, 2024)

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What is Delta 9 Cannabis Price-to-Tangible-Book?

As of today (2024-06-14), Delta 9 Cannabis's share price is $0.01275. Delta 9 Cannabis's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $-0.07. Hence, Delta 9 Cannabis's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Delta 9 Cannabis's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, Delta 9 Cannabis's highest Price to Tangible Book Ratio was 8.91. The lowest was 1.01. And the median was 2.37.

DLTNF's Price-to-Tangible-Book is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 2.315
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Delta 9 Cannabis's share price is $0.01275. Delta 9 Cannabis's Book Value per Sharefor the quarter that ended in Mar. 2024 was $-0.03. Hence, Delta 9 Cannabis's P/B Ratio of today is .

Delta 9 Cannabis Price-to-Tangible-Book Historical Data

The historical data trend for Delta 9 Cannabis'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.

Delta 9 Cannabis Price-to-Tangible-Book Chart

Delta 9 Cannabis Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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2.08

1.70

1.45

Delta 9 Cannabis 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															-	-	-	-	-

Competitive Comparison of Delta 9 Cannabis's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Delta 9 Cannabis'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.

Delta 9 Cannabis's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Delta 9 Cannabis's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Delta 9 Cannabis's Price-to-Tangible-Book falls into.

Delta 9 Cannabis Price-to-Tangible-Book Calculation

Delta 9 Cannabis's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.01275	/	-0.07
	=

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.

Delta 9 Cannabis Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Delta 9 Cannabis's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Delta 9 Cannabis (Delta 9 Cannabis) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Delta 9 Cannabis Inc (OTCPK:DLTNF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

V5D1:Germany DN:Canada

Address

Osborne Village, P.O. Box 68096, Winnipeg, MB, CAN, R3L 2V9

Website

https://www.delta9.ca

Delta 9 Cannabis Inc is a cannabis company. It sells cannabis products through its wholesale and retail sales channels and sells its cannabis grow pods to other businesses. The company's subsidiary, Delta 9 Bio-Tech Inc, is a licensed producer of medical and recreational cannabis and operates an 80,000-square-foot production facility in Winnipeg, Manitoba, Canada. The company owns and operates a chain of retail stores under the Delta 9 Cannabis store brand.