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Canopy Growth (STU:11L) Price-to-Tangible-Book : 2.96 (As of Apr. 29, 2024)


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What is Canopy Growth Price-to-Tangible-Book?

As of today (2024-04-29), Canopy Growth's share price is €8.30. Canopy Growth's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €2.80. Hence, Canopy Growth's Price to Tangible Book Ratio of today is 2.96.

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

STU:11L' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.05   Med: 3.64   Max: 33.93
Current: 2.96

During the past 13 years, Canopy Growth's highest Price to Tangible Book Ratio was 33.93. The lowest was 0.05. And the median was 3.64.

STU:11L's Price-to-Tangible-Book is ranked worse than
59.82% of 871 companies
in the Drug Manufacturers industry
Industry Median: 2.34 vs STU:11L: 2.96

A closely related ratio is called PB Ratio. As of today, Canopy Growth's share price is €8.30. Canopy Growth's Book Value per Sharefor the quarter that ended in Dec. 2023 was €4.49. Hence, Canopy Growth's P/B Ratio of today is 1.85.


Canopy Growth Price-to-Tangible-Book Historical Data

The historical data trend for Canopy Growth'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.

Canopy Growth Price-to-Tangible-Book Chart

Canopy Growth Annual Data
Trend Jul13 Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.16 3.05 12.32 2.61 2.50

Canopy Growth Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book 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 1.41 2.50 0.56 1.72 1.71

Competitive Comparison of Canopy Growth's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Canopy Growth'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.


Canopy Growth's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Canopy Growth's Price-to-Tangible-Book falls into.



Canopy Growth Price-to-Tangible-Book Calculation

Canopy Growth's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=8.30/2.804
=2.96

* 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.


Canopy Growth Price-to-Tangible-Book Related Terms

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


Canopy Growth (STU:11L) Business Description

Traded in Other Exchanges
Address
1 Hershey Drive, Smiths Falls, ON, CAN, K7A 0A8
Canopy Growth, headquartered in Smiths Falls, Canada, cultivates and sells medicinal and recreational cannabis, and hemp, through a portfolio of brands that include Doja, 7ACRES, Tweed, and Deep Space. Its non-THC products include sports drink BioSteel, skincare products under This Works, Martha Stewart CBD, and Storz & Bickel vaporizers. Canopy growth is attempting to merge its U.S. assets into a separately operated holding company, Canopy USA, which will not be consolidated into the Canadian company's financials.

Canopy Growth (STU:11L) Headlines

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