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ABVE (Above Food Ingredients) PB Ratio : (As of Mar. 25, 2025)


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What is Above Food Ingredients 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 (2025-03-25), Above Food Ingredients's share price is $0.6014. Above Food Ingredients's Book Value per Share for the quarter that ended in Jan. 2024 was $-1.33. Hence, Above Food Ingredients's PB Ratio of today is .

The historical rank and industry rank for Above Food Ingredients's PB Ratio or its related term are showing as below:

ABVE's PB Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.42
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio

Above Food Ingredients PB Ratio Historical Data

The historical data trend for Above Food Ingredients'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.

Above Food Ingredients PB Ratio Chart

Above Food Ingredients Annual Data
Trend Jan22 Jan23 Jan24
PB Ratio
- - -

Above Food Ingredients Quarterly Data
Jan22 Oct22 Jan23 Oct23 Jan24
PB Ratio - - - - -

Competitive Comparison of Above Food Ingredients's PB Ratio

For the Packaged Foods subindustry, Above Food Ingredients'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.

Above Food Ingredients's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Above Food Ingredients's PB Ratio distribution charts can be found below:

* The bar in red indicates where Above Food Ingredients's PB Ratio falls into.


Above Food Ingredients 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.

Above Food Ingredients's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2024)
=0.6014/-1.334
=

* 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:

PB Ratio=Market Cap /(Total Stockholders Equity-Preferred Stock)

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.

Above Food Ingredients  (NAS:ABVE) 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.

Above Food Ingredients PB Ratio Related Terms

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Above Food Ingredients Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Above Food Ingredients Inc (NAS:ABVE) » Definitions » PB Ratio
Comparable Companies
DDC NCRA HCWC INBP BOF WYGC IMG RKDA LIMX ATPC XSWX:NESN XPAR:BN KHC GIS SHSE:603288 K NSE:NESTLEIND SHSE:600887 SZSE:300999 MKC
Traded in Other Exchanges
N/A
Address
2305 Victoria Avenue, Saskatchewan, Regina, SK, CAN, S4P0S7
Website
https://www.abovefood.com
Above Food Ingredients Inc is a differentiated, regenerative ingredient company. Its products are made with real nutritious, flavorful ingredients and delivered with transparency. Its vision is to create a healthier world one seed, one field, and one bite at a time. With a robust chain of custody of plant proteins, enabled by scaled operations and infrastructure in primary agriculture and processing, and proprietary seed development capabilities that leverage the power of artificial intelligence driven genomics. The company delivers nutritious foods to businesses and consumers with traceability and sustainability. Above Food's consumer products and brands are available in grocers across Canada and the United States.