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GRNWF (Greenlane Renewables) PB Ratio : 0.76 (As of Dec. 14, 2024)


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What is Greenlane Renewables 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 (2024-12-14), Greenlane Renewables's share price is $0.081. Greenlane Renewables's Book Value per Share for the quarter that ended in Sep. 2024 was $0.11. Hence, Greenlane Renewables's PB Ratio of today is 0.76.

The historical rank and industry rank for Greenlane Renewables's PB Ratio or its related term are showing as below:

GRNWF' s PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.98   Max: 13.24
Current: 0.9

During the past 6 years, Greenlane Renewables's highest PB Ratio was 13.24. The lowest was 0.45. And the median was 1.98.

GRNWF's PB Ratio is ranked better than
84.65% of 2931 companies
in the Industrial Products industry
Industry Median: 2.12 vs GRNWF: 0.90

During the past 12 months, Greenlane Renewables's average Book Value Per Share Growth Rate was -48.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -10.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 33.10% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Greenlane Renewables was 97.20% per year. The lowest was -10.00% per year. And the median was 46.50% per year.

Back to Basics: PB Ratio


Greenlane Renewables PB Ratio Historical Data

The historical data trend for Greenlane Renewables'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.

Greenlane Renewables PB Ratio Chart

Greenlane Renewables Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - 10.23 3.30 1.42 0.76

Greenlane Renewables Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PB Ratio 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 0.72 0.76 0.72 0.53 0.47

Competitive Comparison of Greenlane Renewables's PB Ratio

For the Specialty Industrial Machinery subindustry, Greenlane Renewables'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.


Greenlane Renewables's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Greenlane Renewables's PB Ratio distribution charts can be found below:

* The bar in red indicates where Greenlane Renewables's PB Ratio falls into.



Greenlane Renewables 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.

Greenlane Renewables's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=0.081/0.106
=0.76

* 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 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.


Greenlane Renewables  (OTCPK:GRNWF) 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.


Greenlane Renewables PB Ratio Related Terms

Thank you for viewing the detailed overview of Greenlane Renewables's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Greenlane Renewables Business Description

Traded in Other Exchanges
Address
3605 Gilmore Way, Suite 110, Burnaby, BC, CAN, V5G 4X5
Greenlane Renewables Inc is a provider of biogas upgrading systems. Its systems produce clean, renewable natural gas from organic waste sources, including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as vehicle fuel. The company generates revenue in the form of System sales and Aftercare services. The company has its geographic presence in Canada, Brazil, Europe and United States and Others.