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Plant Veda Foods (XCNQ:MILK) PB Ratio : (As of Oct. 31, 2024)


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What is Plant Veda Foods 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 (2024-10-31), Plant Veda Foods's share price is C$0.04. Plant Veda Foods's Book Value per Share for the quarter that ended in Sep. 2023 was C$-0.03. Hence, Plant Veda Foods's PB Ratio of today is .

The historical rank and industry rank for Plant Veda Foods's PB Ratio or its related term are showing as below:

XCNQ:MILK's PB Ratio is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 2.48
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Plant Veda Foods PB Ratio Historical Data

The historical data trend for Plant Veda Foods'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.

Plant Veda Foods PB Ratio Chart

Plant Veda Foods Annual Data
Trend Dec20 Dec21 Dec22
PB Ratio
- 18.10 -

Plant Veda Foods Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 80.00 - - - -

Competitive Comparison of Plant Veda Foods's PB Ratio

For the Beverages - Non-Alcoholic subindustry, Plant Veda Foods'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.


Plant Veda Foods's PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Plant Veda Foods's PB Ratio distribution charts can be found below:

* The bar in red indicates where Plant Veda Foods's PB Ratio falls into.



Plant Veda Foods 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.

Plant Veda Foods's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=0.04/-0.03
=

* 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.


Plant Veda Foods  (XCNQ:MILK) 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.


Plant Veda Foods PB Ratio Related Terms

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


Plant Veda Foods Business Description

Traded in Other Exchanges
Address
14640 64 Avenue, Unit 313, Surrey, BC, CAN, V3S1X7
Plant Veda Foods Ltd offers plant-based beverages that blend natural products such as cashew, oats, coconut, pistachio, mango, pea protein, herbs and spices, and maple syrup to deliver dairy alternatives that stand out for their diverse nutritional profile and complexity of flavour.

Plant Veda Foods Headlines

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