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Winston Resources (Winston Resources) PB Ratio : (As of May. 19, 2024)


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What is Winston Resources 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 (2024-05-19), Winston Resources's share price is $0.547. Winston Resources's Book Value per Share for the quarter that ended in Apr. 2020 was $-0.17. Hence, Winston Resources's PB Ratio of today is .

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

WISRF's PB Ratio is not ranked *
in the Drug Manufacturers industry.
Industry Median: 2.03
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Winston Resources PB Ratio Historical Data

The historical data trend for Winston Resources'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.

Winston Resources PB Ratio Chart

Winston Resources Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19
PB Ratio
Get a 7-Day Free Trial Premium Member Only - - 13.51 23.18 41.76

Winston Resources Quarterly Data
Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20
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 - 41.76 52.10 - -

Competitive Comparison of Winston Resources's PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Winston Resources'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.


Winston Resources's PB Ratio Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Winston Resources's PB Ratio falls into.



Winston Resources 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.

Winston Resources's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2020)
=0.547/-0.173
=

* 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.


Winston Resources  (GREY:WISRF) 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.


Winston Resources PB Ratio Related Terms

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


Winston Resources (Winston Resources) Business Description

Traded in Other Exchanges
N/A
Address
400 - 837 West Hastings Street, Vancouver, BC, CAN, V6C 3N6
Winston Resources Inc is engaged in the cannabis business sector.

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