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Cashbox Ventures (XCNQ:CBOX.X) PB Ratio : 3.13 (As of May. 24, 2024)


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What is Cashbox Ventures 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 (2024-05-24), Cashbox Ventures's share price is C$0.025. Cashbox Ventures's Book Value per Share for the quarter that ended in Dec. 2022 was C$0.01. Hence, Cashbox Ventures's PB Ratio of today is 3.13.

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

XCNQ:CBOX.X's PB Ratio is not ranked *
in the Interactive Media industry.
Industry Median: 1.885
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Cashbox Ventures PB Ratio Historical Data

The historical data trend for Cashbox Ventures'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.

Cashbox Ventures PB Ratio Chart

Cashbox Ventures Annual Data
Trend Dec19 Dec20 Dec21 Dec22
PB Ratio
30.00 30.00 1.46 0.63

Cashbox Ventures Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 1.46 1.40 1.36 0.50 0.63

Competitive Comparison of Cashbox Ventures's PB Ratio

For the Internet Content & Information subindustry, Cashbox Ventures'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.


Cashbox Ventures's PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Cashbox Ventures's PB Ratio distribution charts can be found below:

* The bar in red indicates where Cashbox Ventures's PB Ratio falls into.



Cashbox Ventures 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.

Cashbox Ventures's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2022)
=0.025/0.008
=3.13

* 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.


Cashbox Ventures  (XCNQ:CBOX.X) 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.


Cashbox Ventures PB Ratio Related Terms

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


Cashbox Ventures (XCNQ:CBOX.X) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, 2800 Park Place, Vancouver, BC, CAN, V6C 2Z7
Cashbox Ventures Ltd formerly Wikileaf Technologies Inc is engaged in providing a price comparison platform for recreational and medicinal cannabis consumers. It provides consumers with instant price comparisons among dispensaries in their vicinity.

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