GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » North Bud Farms Inc (XCNQ:NBUD) » Definitions » PB Ratio

North Bud Farms (XCNQ:NBUD) PB Ratio : 0.40 (As of May. 27, 2024)


View and export this data going back to 2018. Start your Free Trial

What is North Bud Farms 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 (2024-05-27), North Bud Farms's share price is C$0.05. North Bud Farms's Book Value per Share for the quarter that ended in Aug. 2019 was C$0.13. Hence, North Bud Farms's PB Ratio of today is 0.40.

The historical rank and industry rank for North Bud Farms's PB Ratio or its related term are showing as below:

XCNQ:NBUD's PB Ratio is not ranked *
in the Drug Manufacturers industry.
Industry Median: 2
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


North Bud Farms PB Ratio Historical Data

The historical data trend for North Bud Farms'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.

North Bud Farms PB Ratio Chart

North Bud Farms Annual Data
Trend Nov17 Nov18
PB Ratio
- 2.08

North Bud Farms Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19
PB Ratio Get a 7-Day Free Trial Premium Member Only - 2.08 3.04 2.55 2.06

Competitive Comparison of North Bud Farms's PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, North Bud Farms'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.


North Bud Farms's PB Ratio Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where North Bud Farms's PB Ratio falls into.



North Bud Farms 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.

North Bud Farms's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Aug. 2019)
=0.05/0.126
=0.40

* 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.


North Bud Farms  (XCNQ:NBUD) 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.


North Bud Farms PB Ratio Related Terms

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


North Bud Farms (XCNQ:NBUD) Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Suite 4400, Brookfield Place, Toronto, ON, CAN, M5J 2T3
North Bud Farms Inc owns a state-of-the-art purpose-built cannabis production facility located on approximately 135 acres of agricultural land in Low, Quebec, Canada. The Low, Quebec facility currently has approximately 24,500 square feet of licensed indoor cultivation space; the company has submitted its licence amendment application to Health Canada to add an additional approximately 1,000,000 square feet of outdoor cultivation space.
Executives
Ryan Brown Director, Senior Officer
André Audet Director, Senior Officer
Kosta Kostic Senior Officer

North Bud Farms (XCNQ:NBUD) Headlines

No Headlines