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Rubicon Organics (Rubicon Organics) PB Ratio : 0.58 (As of Jun. 23, 2024)


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What is Rubicon Organics 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 (2024-06-23), Rubicon Organics's share price is $0.2803. Rubicon Organics's Book Value per Share for the quarter that ended in Mar. 2024 was $0.48. Hence, Rubicon Organics's PB Ratio of today is 0.58.

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

ROMJF' s PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 3.04   Max: 7.98
Current: 0.57

During the past 8 years, Rubicon Organics's highest PB Ratio was 7.98. The lowest was 0.52. And the median was 3.04.

ROMJF's PB Ratio is ranked better than
91.61% of 954 companies
in the Drug Manufacturers industry
Industry Median: 1.895 vs ROMJF: 0.57

During the past 12 months, Rubicon Organics's average Book Value Per Share Growth Rate was -2.50% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Rubicon Organics was 13.80% per year. The lowest was 5.10% per year. And the median was 8.80% per year.

Back to Basics: PB Ratio


Rubicon Organics PB Ratio Historical Data

The historical data trend for Rubicon Organics'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.

Rubicon Organics PB Ratio Chart

Rubicon Organics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 4.12 6.21 2.78 1.09 -

Rubicon Organics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.90 0.81 0.75 - 0.62

Competitive Comparison of Rubicon Organics's PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Rubicon Organics'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.


Rubicon Organics's PB Ratio Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Rubicon Organics's PB Ratio falls into.



Rubicon Organics 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.

Rubicon Organics's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=0.2803/0.483
=0.58

* 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.


Rubicon Organics  (OTCPK:ROMJF) 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.


Rubicon Organics PB Ratio Related Terms

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


Rubicon Organics (Rubicon Organics) Business Description

Traded in Other Exchanges
Address
744 West Hastings Street, Unit 505, Vancouver, BC, CAN, V6C 1A5
Rubicon Organics Inc is engaged in the business of the production and sale of cannabis in Canada. The Company produces and processes organic cannabis at its wholly-owned, federally licensed facility in Delta, British Columbia which it sells under its wholly owned and other licensed brands such as Lab Theory, Wildflower, Homestead Cannabis Supply, 1964 Supply Co, and Simply Bare Organic.

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