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Mojave Brands (XCNQ:MOJO) PB Ratio : 5.61 (As of May. 15, 2024)


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What is Mojave 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 (2024-05-15), Mojave Brands's share price is C$0.32. Mojave Brands's Book Value per Share for the quarter that ended in Feb. 2024 was C$0.06. Hence, Mojave Brands's PB Ratio of today is 5.61.

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

XCNQ:MOJO' s PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 3.01   Max: 956.28
Current: 5.61

During the past 13 years, Mojave Brands's highest PB Ratio was 956.28. The lowest was 0.24. And the median was 3.01.

XCNQ:MOJO's PB Ratio is ranked worse than
86.1% of 957 companies
in the Drug Manufacturers industry
Industry Median: 2.02 vs XCNQ:MOJO: 5.61

During the past 12 months, Mojave Brands's average Book Value Per Share Growth Rate was -77.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 19.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -61.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mojave Brands was 19.90% per year. The lowest was -83.20% per year. And the median was -50.10% per year.

Back to Basics: PB Ratio


Mojave Brands PB Ratio Historical Data

The historical data trend for Mojave 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.

Mojave Brands PB Ratio Chart

Mojave Brands Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.07 6.94 4.10 2.18 0.89

Mojave Brands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.86 0.85 0.89 0.64 5.53

Competitive Comparison of Mojave Brands's PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Mojave 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.


Mojave Brands's PB Ratio Distribution in the Drug Manufacturers Industry

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

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



Mojave 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2024)
=0.32/0.057
=5.61

* 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.


Mojave Brands  (XCNQ:MOJO) 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.


Mojave Brands PB Ratio Related Terms

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


Mojave Brands (XCNQ:MOJO) Business Description

Traded in Other Exchanges
Address
1055 W. Georgia Street, Suite 2050, P.O. Box 11121, Royal Centre, Vancouver, BC, CAN, V6E 3P3
Mojave Brands Inc is a Canada-based cannabis company serving California's recreational markets. The company's assets are set up as a vertical stack including cultivation to scale, branding, packaging, manufacturing and processing, a distribution arm, and the edibles brand CaliGold. Operating out of licensed strategic locations, the company is leveraging its consumer and brand-focused business model to generate sustainable profits by delivering a quality product.
Executives
Peeyush Kumar Varshney Director