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CO2 Gro (TSXV:GROW) PB Ratio : 10.00 (As of May. 21, 2024)


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What is CO2 Gro 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 (2024-05-21), CO2 Gro's share price is C$0.02. CO2 Gro's Book Value per Share for the quarter that ended in Sep. 2023 was C$0.00. Hence, CO2 Gro's PB Ratio of today is 10.00.

The historical rank and industry rank for CO2 Gro's PB Ratio or its related term are showing as below:

TSXV:GROW' s PB Ratio Range Over the Past 10 Years
Min: 5.67   Med: 19.33   Max: 63.33
Current: 10

During the past 12 years, CO2 Gro's highest PB Ratio was 63.33. The lowest was 5.67. And the median was 19.33.

TSXV:GROW's PB Ratio is ranked worse than
95% of 240 companies
in the Agriculture industry
Industry Median: 1.485 vs TSXV:GROW: 10.00

During the past 12 months, CO2 Gro's average Book Value Per Share Growth Rate was -87.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.50% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of CO2 Gro was 55.80% per year. The lowest was -62.70% per year. And the median was -12.60% per year.

Back to Basics: PB Ratio


CO2 Gro PB Ratio Historical Data

The historical data trend for CO2 Gro'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.

CO2 Gro PB Ratio Chart

CO2 Gro Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.56 40.00 11.54 39.00 11.11

CO2 Gro Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 9.38 7.33 11.11 20.00 40.00

Competitive Comparison of CO2 Gro's PB Ratio

For the Agricultural Inputs subindustry, CO2 Gro'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.


CO2 Gro's PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, CO2 Gro's PB Ratio distribution charts can be found below:

* The bar in red indicates where CO2 Gro's PB Ratio falls into.



CO2 Gro 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.

CO2 Gro's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=0.02/0.002
=10.00

* 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.


CO2 Gro  (TSXV:GROW) 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.


CO2 Gro PB Ratio Related Terms

Thank you for viewing the detailed overview of CO2 Gro's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CO2 Gro (TSXV:GROW) Business Description

Traded in Other Exchanges
Address
40 King Street West, Suite 5800, Toronto, ON, CAN, M5H 3S1
CO2 GRO Inc is engaged in commercializing its patent-licensed CO2 gas infusion technology and its patent-pending US PTO CO2 Delivery Solutions system, both of which form the company's saturated CO2 solutions plant platform. Saturated CO2 solution when misted onto plants provides growers that cannot gas with CO2 the opportunity to increase plant yields. The company's sole focus is working with its plant growers and agri-industrial partners in proving and adopting its CO2 technologies for specific growers' plant yield needs.
Executives
Stephen Mark Gledhill Senior Officer