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Modern Plant Based Foods (Modern Plant Based Foods) PB Ratio : (As of May. 24, 2024)


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What is Modern Plant Based Foods 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 (2024-05-24), Modern Plant Based Foods's share price is $0.40. Modern Plant Based Foods's Book Value per Share for the quarter that ended in Feb. 2024 was $-0.11. Hence, Modern Plant Based Foods's PB Ratio of today is .

The historical rank and industry rank for Modern Plant Based Foods's PB Ratio or its related term are showing as below:

During the past 13 years, Modern Plant Based Foods's highest PB Ratio was 172.73. The lowest was 2.67. And the median was 28.91.

MDRND's PB Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.54
* Ranked among companies with meaningful PB Ratio only.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Modern Plant Based Foods was 27.00% per year. The lowest was -61.00% per year. And the median was -9.40% per year.

Back to Basics: PB Ratio


Modern Plant Based Foods PB Ratio Historical Data

The historical data trend for Modern Plant Based Foods'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.

Modern Plant Based Foods PB Ratio Chart

Modern Plant Based Foods Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Aug20 Aug21 Aug22 Aug23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.43 44.36 43.78 180.12 -

Modern Plant Based Foods Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - - - -

Competitive Comparison of Modern Plant Based Foods's PB Ratio

For the Packaged Foods subindustry, Modern Plant Based Foods'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.


Modern Plant Based Foods's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Modern Plant Based Foods's PB Ratio distribution charts can be found below:

* The bar in red indicates where Modern Plant Based Foods's PB Ratio falls into.



Modern Plant Based Foods 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.

Modern Plant Based Foods's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2024)
=0.40/-0.105
=

* 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.


Modern Plant Based Foods  (OTCPK:MDRND) 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.


Modern Plant Based Foods PB Ratio Related Terms

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Modern Plant Based Foods (Modern Plant Based Foods) Business Description

Traded in Other Exchanges
Address
700 West Georgia Street, Suite 2500, Vancouver, BC, CAN, V7Y 1B3
Modern Plant Based Foods Inc is a Canadian food company based in Vancouver, British Columbia that offers a portfolio of plant-based products including meat alternatives, dairy-free cheeses, homemade style soups and vegan snacks. The company understands the importance of providing nutritious and sustainable alternatives without sacrificing taste. All products are made free of soy, gluten, nuts and GMOs. Modern Plant-Based Foods' objective is to change the way food is produced and consumed for the benefit of people, animals and the environment by using natural plant-based ingredients. The products are available for purchase at various retail locations and on e-commerce platforms.

Modern Plant Based Foods (Modern Plant Based Foods) Headlines

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