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MJardin Group (MJardin Group) PB Ratio : (As of Jun. 05, 2024)


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What is MJardin 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 (2024-06-05), MJardin Group's share price is $0.0001. MJardin Group's Book Value per Share for the quarter that ended in Sep. 2021 was $-1.04. Hence, MJardin Group's PB Ratio of today is .

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

MJARF's PB Ratio is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.91
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


MJardin Group PB Ratio Historical Data

The historical data trend for MJardin 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.

MJardin Group PB Ratio Chart

MJardin Group Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Dec19 Dec20
PB Ratio
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MJardin Group Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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Competitive Comparison of MJardin Group's PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, MJardin 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.


MJardin Group's PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, MJardin Group's PB Ratio distribution charts can be found below:

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



MJardin 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2021)
=0.0001/-1.04
=

* 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.


MJardin Group  (OTCPK:MJARF) 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.


MJardin Group PB Ratio Related Terms

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MJardin Group (MJardin Group) Business Description

Traded in Other Exchanges
N/A
Address
1 Toronto Street, Suite 801, Toronto, ON, CAN, M5C 2V6
MJardin Group Inc is a Canada based cannabis cultivation and management company. It is engaged in the cultivation, processing, and distribution of medical cannabis. The company's operating segment includes Cultivation management in USA and Cultivation operations in Canada. It generates maximum revenue from the Cultivation management in USA segment. Cultivation management in USA segment engaged in the management services to owners of cultivation and dispensary facilities. The services provided are consulting, design, operational, and other management services.

MJardin Group (MJardin Group) Headlines