NGHI (New Green Hemp) PB Ratio: 87.29 (As of Jul. 16, 2026)

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What is New Green Hemp PB Ratio?

New Green Hemp NGHI +25.52% PB Ratio is 87.29 as of Jul. 16, 2026.

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 (2026-07-16), New Green Hemp's share price is $1.9204. New Green Hemp's Book Value per Share for the quarter that ended in Mar. 2019 was $0.02. Hence, New Green Hemp's PB Ratio of today is 87.29.

The historical rank and industry rank for New Green Hemp's PB Ratio or its related term are showing as below:

NGHI's PB Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 1.45
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio

New Green Hemp  (OTCPK:NGHI) 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.

New Green Hemp PB Ratio Related Terms

New Green Hemp PB Ratio Historical Data

* Premium members only.

The historical data trend for New Green Hemp'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.

New Green Hemp PB Ratio Chart

New Green Hemp Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
PB Ratio
Get a 7-Day Free Trial 92.72 11.59 0.00 0.00 0.00

New Green Hemp Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 0.00 0.00 18.16 0.00 272.73

NGHI vs PKDSQ, FSNR, ESES: PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, New Green Hemp'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.

New Green Hemp PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, New Green Hemp's PB Ratio distribution charts can be found below:

* The bar in red indicates where New Green Hemp's PB Ratio falls into.


New Green Hemp 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.

New Green Hemp's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2019)
=1.9204/0.022
=87.29

* 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:

PB Ratio=Market Cap /(Total Stockholders Equity-Preferred Stock)

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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 87.29 mean?
New Green Hemp (NGHI) has a PB Ratio of 87.29 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on New Green Hemp and its competitors.
Is New Green Hemp's PB Ratio too high?
New Green Hemp's current PB Ratio is 87.29. The Oil & Gas industry median PB Ratio is 1.45. New Green Hemp's value of 87.29 is 5920% above this industry median.
How does New Green Hemp's PB Ratio compare to PKDSQ and FSNR?
New Green Hemp's PB Ratio of 87.29 can be compared against companies in the Oil & Gas industry. The industry median PB Ratio is 1.45. New Green Hemp's value of 87.29 is 5920% above this benchmark. 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 an Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.45, based on 926 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. New Green Hemp's current PB Ratio of 87.29 is 5920% 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 New Green Hemp and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Green Hemp's current PB Ratio is 87.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Green Hemp stock overvalued right now?
New Green Hemp (NGHI) has a current PB Ratio of 87.29. The current PB Ratio is 87.29 and 5920% above the Oil & Gas industry median of 1.45. 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 New Green Hemp (NGHI), the current PB Ratio is 87.29 as of Jul. 16, 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.

New Green Hemp Business Description

Industry EnergyOil & Gas
Address 4362 Mahan Drive, Tallahassee, FL, USA, 32308
New Green Hemp Incis focused on developing and acquiring businesses that fit into the disruptive business model of Developing, Scaling, and Financing (DSF) within synergistic industries and focused business groups.