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Kanabo Group (LSE:KNB) PB Ratio : 1.42 (As of May. 23, 2024)


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What is Kanabo Group 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 (2024-05-23), Kanabo Group's share price is £0.017. Kanabo Group's Book Value per Share for the quarter that ended in Dec. 2023 was £0.01. Hence, Kanabo Group's PB Ratio of today is 1.42.

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

LSE:KNB' s PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.97   Max: 2.04
Current: 1.42

During the past 7 years, Kanabo Group's highest PB Ratio was 2.04. The lowest was 0.41. And the median was 0.97.

LSE:KNB's PB Ratio is ranked better than
66.55% of 592 companies
in the Healthcare Providers & Services industry
Industry Median: 2.195 vs LSE:KNB: 1.42

During the past 12 months, Kanabo Group's average Book Value Per Share Growth Rate was -58.60% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Kanabo Group was 8.00% per year. The lowest was -26.30% per year. And the median was -9.15% per year.

Back to Basics: PB Ratio


Kanabo Group PB Ratio Historical Data

The historical data trend for Kanabo Group'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.

Kanabo Group PB Ratio Chart

Kanabo Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 2.02 - 10.00 0.66 2.33

Kanabo Group Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.00 0.62 0.66 0.82 2.33

Competitive Comparison of Kanabo Group's PB Ratio

For the Medical Care Facilities subindustry, Kanabo Group'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.


Kanabo Group's PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kanabo Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Kanabo Group's PB Ratio falls into.



Kanabo Group 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.

Kanabo Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.017/0.012
=1.42

* 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.


Kanabo Group  (LSE:KNB) 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.


Kanabo Group PB Ratio Related Terms

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


Kanabo Group (LSE:KNB) Business Description

Traded in Other Exchanges
Address
137-139 Brent Street, Churchill House, London, GBR, NW4 4DJ
Kanabo Group PLC is a research and development company engaged in selling a range of THC-Free retail CBD products in the markets and it is in the process of developing medical cannabis products. Its reportable segments include Primary Care and Secondary Care. The Primary Care segment includes Tele pharma services provided by GPS and The Secondary Care segment includes the development and distribution of cannabis-derived medical and wellness products. Geographically company has a presence in the United Kingdom, Israel, and others.

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