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High TideHITI -1.79%72 PB Ratio is 3.00 as of Jul. 20, 2026, which is 20% above its 10-year median of 2.49. GuruFocus rates HITI with a GF Score™ of 72/100 and a GF Value™ of $2.70 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 608 Healthcare Providers & Services companies, High Tide ranks worse than 68.59% on this metric.
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 (2026-07-20), High Tide's share price is $2.20. High Tide's Book Value per Share for the quarter that ended in Apr. 2026 was $0.73. Hence, High Tide's PB Ratio of today is 3.00.
The historical rank and industry rank for High Tide's PB Ratio or its related term are showing as below:
HITI'
s PB Ratio Range Over the Past 10 Years
Min: 0.63 Med: 2.49 Max: 12.05
Current: 3.06
During the past 9 years, High Tide's highest PB Ratio was 12.05. The lowest was 0.63. And the median was 2.49.
HITI's PB Ratio is ranked worse than 68.59% of 608
companies
in the Healthcare Providers & Services industry
Industry Median: 2.015
vs HITI: 3.06
During the past 12 months, High Tide's average Book Value Per Share Growth Rate was -41.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -23.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.20% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of High Tide was 47.00% per year. The lowest was -23.10% per year. And the median was 15.10% per year.
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.
High Tide PB Ratio Related Terms
High Tide PB Ratio Historical Data
* Premium members only.
The historical data trend for High Tide'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.
For the Pharmaceutical Retailers subindustry, High Tide'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.
High Tide PB Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, High Tide's PB Ratio distribution charts can be found below:
* The bar in red indicates where High Tide's PB Ratio falls into.
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.
High Tide's PB Ratio for today is calculated as follows:
* 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.
High Tide (HITI) has a PB Ratio of 3.00 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on High Tide and its competitors. This is 20% above median its historical median of 2.49. Over the past decade, High Tide's PB Ratio has ranged from 0.63 to 12.05. According to the industry distribution chart, High Tide ranks #417 out of 608 companies in the Healthcare Providers & Services industry, placing it in the top 68.6%.
Is High Tide's PB Ratio too high?
High Tide's current PB Ratio of 3.00 is 20% above median its 10-year median of 2.49. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 12.05. The Healthcare Providers & Services industry median PB Ratio is 2.02. High Tide's value of 3.00 is 48.9% above this industry median. Based on the distribution chart, High Tide ranks #417 out of 608 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, High Tide has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Tide's PB Ratio compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, High Tide ranks #417 out of 608 companies for PB Ratio. This places High Tide in the lower half of its industry. The industry median PB Ratio is 2.02. High Tide's value of 3.00 is 48.9% above this benchmark. Historically, High Tide's own PB Ratio has ranged from 0.63 to 12.05 over the past decade. While the company's 10-year median is 2.49 vs. the industry median of 2.02, High Tide has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Healthcare Providers & Services company?
The median PB Ratio among Healthcare Providers & Services companies is 2.02, based on 608 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. High Tide's current PB Ratio of 3.00 is 48.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on High Tide and its competitors. For the Healthcare Providers & Services industry, the median PB Ratio is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Tide's current PB Ratio is 3.00, which is 20% above median its own 10-year median of 2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Tide stock overvalued right now?
Based on GuruFocus' analysis, High Tide (HITI) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.70, compared to a current price of $2.20 — trading 18.5% below its estimated fair value. The current PB Ratio is 3.00, which is 20% above median its 10-year median of 2.49 and 48.9% above the Healthcare Providers & Services industry median of 2.02. High Tide's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For High Tide (HITI), the current PB Ratio is 3.00 as of Jul. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is High Tide (HITI) Overvalued in 2026?
Based on GuruFocus' analysis, High Tide stock appears to be undervalued.
The current stock price of $2.20 is trading 18.5% below its estimated GF Value™ of $2.70.
GuruFocus considers High Tide to be Modestly Undervalued.
Key valuation signals for HITI:
PB Ratio: 3.00 (20% above median its 10-year median of 2.49)
GF Value™: $2.70 vs. price of $2.20 (18.5% below fair value)
Industry Position: 48.9% above the Healthcare Providers & Services median (#417 of 608)
No single metric tells the full story. See the HITI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
High Tide Inc is a downstream-focused retailer of cannabis products, distributor, and seller of smoking accessories and cannabis lifestyle products. It is a vertically integrated company in the Canadian cannabis market with various brands in its portfolio such as Canna Cabana, Fastendr, Queen of Bud, Grasscity, Daily High Club, and others. The company's reportable operating segments are: Bricks and mortar, which generates maximum revenue, and E-commerce. Geographically, it derives maximum revenue from its business in Canada, followed by the United States of America, and other international markets.
72GF Score
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