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Atlas Global Brands (XCNQ:ATL) PB Ratio : 2.34 (As of Sep. 24, 2024)


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What is Atlas Global Brands 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 (2024-09-24), Atlas Global Brands's share price is C$0.15. Atlas Global Brands's Book Value per Share for the quarter that ended in Dec. 2023 was C$0.06. Hence, Atlas Global Brands's PB Ratio of today is 2.34.

The historical rank and industry rank for Atlas Global Brands's PB Ratio or its related term are showing as below:

XCNQ:ATL' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.34
Current: 2.34

During the past 0 years, Atlas Global Brands's highest PB Ratio was 2.34. The lowest was 0.00. And the median was 0.00.

XCNQ:ATL's PB Ratio is not ranked
in the Drug Manufacturers industry.
Industry Median: 1.905 vs XCNQ:ATL: 2.34

Back to Basics: PB Ratio


Atlas Global Brands PB Ratio Historical Data

The historical data trend for Atlas Global Brands'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.

Atlas Global Brands PB Ratio Chart

Atlas Global Brands Annual Data
Trend
PB Ratio

Atlas Global Brands Quarterly Data
Dec22 Jun23 Sep23 Dec23
PB Ratio - 1.52 1.58 2.34

Competitive Comparison of Atlas Global Brands's PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Atlas Global Brands'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.


Atlas Global Brands's PB Ratio Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Atlas Global Brands's PB Ratio falls into.



Atlas Global Brands 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.

Atlas Global Brands's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.15/0.064
=2.34

* 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.


Atlas Global Brands  (XCNQ:ATL) 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.


Atlas Global Brands PB Ratio Related Terms

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Atlas Global Brands Business Description

Traded in Other Exchanges
N/A
Address
566 Riverview Drive, Unit 104, Chatham, ON, CAN, N7M 0N2
Website
Atlas Global Brands Inc is a licensed cannabis company operating in Canada and Israel with experience across the cannabis value chain including cultivation, manufacturing, scalability, marketing, distribution, and pharmacy. Atlas currently serves eight countries: Australia, Canada, Denmark, Germany, Israel, Norway, Spain, and the United Kingdom.
Executives
Tamir Gedo 10% Security Holder
Jonathan Ben-cnaan Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Bernard Yeung Senior Officer
Jason Cervi Senior Officer
Jeffrey Robert Gossain Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer

Atlas Global Brands Headlines

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