As of today (2024-04-24), Tilray Brands's share price is $1.84. Tilray Brands's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was $0.54. Hence, Tilray Brands's Price to Tangible Book Ratio of today is 3.40.
The historical rank and industry rank for Tilray Brands's Price-to-Tangible-Book or its related term are showing as below:
TLRY'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.67 Med: 3.93 Max: 805.29
Current: 3.41
During the past 12 years, Tilray Brands's highest Price to Tangible Book Ratio was 805.29. The lowest was 1.67. And the median was 3.93.
TLRY's Price-to-Tangible-Book is ranked worse than 67.7% of 873
companies
in the Drug Manufacturers industry
Industry Median: 2.32
vs TLRY: 3.41
A closely related ratio is called PB Ratio. As of today, Tilray Brands's share price is $1.84. Tilray Brands's Book Value per Sharefor the quarter that ended in Feb. 2024 was $4.34. Hence, Tilray Brands's P/B Ratio of today is 0.42.
Tilray Brands Price-to-Tangible-Book Historical Data
The historical data trend for Tilray Brands'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.
For the Drug Manufacturers - Specialty & Generic subindustry, Tilray Brands'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.
Tilray Brands Price-to-Tangible-Book Distribution
For the Drug Manufacturers industry and Healthcare sector, Tilray Brands's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Tilray Brands's Price-to-Tangible-Book falls into.
Tilray Brands Price-to-Tangible-Book Calculation
Tilray Brands's price-to-tangible-book ratio for today is calculated as:
* 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.
Tilray Brands Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Tilray Brands's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Tilray Brands (Tilray Brands) Business Description
Tilray is a Canadian producer that cultivates and sells medical and recreational cannabis. In 2021, legacy Aphria acquired legacy Tilray in a reverse merger and renamed itself Tilray. The bulk of its sales are in Canada and in the international medical cannabis export market. U.S. exposure consists of CBD products and alcohol.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TLRY has been successfully added to your 