Cann Group (ASX:CAN) Book Value per Share : A$0.12 (As of Dec. 2023)

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What is Cann Group Book Value per Share?

Cann Group's book value per share for the quarter that ended in Dec. 2023 was A$0.12.

During the past 12 months, Cann Group's average Book Value Per Share Growth Rate was -38.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -29.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -24.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Cann Group was 46.80% per year. The lowest was -29.00% per year. And the median was -21.20% per year.

Cann Group's current price is A$0.062. Its book value per share for the quarter that ended in Dec. 2023 was A$0.12. Hence, today's PB Ratio of Cann Group is 0.41.

During the past 7 years, the highest P/B Ratio of Cann Group was 5.01. The lowest was 0.41. And the median was 1.10.

Cann Group Book Value per Share Historical Data

The historical data trend for Cann Group's Book Value per Share 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.

Cann Group Book Value per Share Chart

Cann Group Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Book Value per Share

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0.54

0.42

0.33

0.24

0.15

Cann Group Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Book Value per Share	Get a 7-Day Free Trial									0.29	0.24	0.19	0.15	0.12

Competitive Comparison of Cann Group's Book Value per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Cann Group'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.

Cann Group's PB Ratio Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Cann Group's PB Ratio falls into.

Cann Group Book Value per Share Calculation

Cann Group's Book Value Per Share for the fiscal year that ended in Jun. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(59.26	-	0.00)	/	388.62
	=	0.15

Cann Group's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(50.31	-	0.00)	/	433.26
	=	0.12

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Cann Group (ASX:CAN) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.

Cann Group Book Value per Share Related Terms

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Cann Group (ASX:CAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Cann Group Ltd (ASX:CAN) » Definitions » Book Value per Share

Comparable Companies

Traded in Other Exchanges

CNGGF:USA CVJ:Germany

Address

262-276 Lorimer Street, Port Melbourne, VIC, AUS, 3207

Website

https://www.canngrouplimited.com

Cann Group Ltd is engaged in the cultivation of medicinal cannabis for both medicinal and research purposes pursuant to the licenses and permits issued to the company; the development and manufacture (via third party arrangements) of finished product formulations; and the pursuit and execution of various supply and offtake agreements with third parties.