Blender Bites (XCNQ:BITE) PB Ratio : 1.98 (As of Jun. 16, 2024)

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What is Blender Bites 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 (2024-06-16), Blender Bites's share price is C$1.40. Blender Bites's Book Value per Share for the quarter that ended in Jan. 2024 was C$0.71. Hence, Blender Bites's PB Ratio of today is 1.98.

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

XCNQ:BITE' s PB Ratio Range Over the Past 10 Years
Min: 0.18 Med: 2.12 Max: 50.53
Current: 1.98

During the past 13 years, Blender Bites's highest PB Ratio was 50.53. The lowest was 0.18. And the median was 2.12.

XCNQ:BITE's PB Ratio is ranked worse than
64.33% of 1814 companies
in the Consumer Packaged Goods industry
Industry Median: 1.52 vs XCNQ:BITE: 1.98

During the past 12 months, Blender Bites's average Book Value Per Share Growth Rate was 438.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Blender Bites was 9.80% per year. The lowest was -82.20% per year. And the median was -53.30% per year.

Back to Basics: PB Ratio

Blender Bites PB Ratio Historical Data

The historical data trend for Blender Bites'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.

Blender Bites PB Ratio Chart

Blender Bites Annual Data

Trend

Nov14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Oct21

Oct22

Oct23

PB Ratio

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5.80

12.52

8.16

5.92

Blender Bites Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
PB Ratio	Get a 7-Day Free Trial															17.10	11.87	7.88	5.92	2.46

Competitive Comparison of Blender Bites's PB Ratio

For the Packaged Foods subindustry, Blender Bites'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.

Blender Bites's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Blender Bites's PB Ratio distribution charts can be found below:

* The bar in red indicates where Blender Bites's PB Ratio falls into.

Blender Bites 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.

Blender Bites's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jan. 2024)
	=	1.40	/	0.706
	=	1.98

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.

Blender Bites (XCNQ:BITE) 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.

Blender Bites PB Ratio Related Terms

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