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Sweet Earth Holdings (XCNQ:SE) PB Ratio : (As of May. 05, 2024)


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What is Sweet Earth Holdings 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 (2024-05-05), Sweet Earth Holdings's share price is C$0.035. Sweet Earth Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was C$-0.06. Hence, Sweet Earth Holdings's PB Ratio of today is .

The historical rank and industry rank for Sweet Earth Holdings's PB Ratio or its related term are showing as below:

During the past 4 years, Sweet Earth Holdings's highest PB Ratio was 18.18. The lowest was 1.39. And the median was 4.57.

XCNQ:SE's PB Ratio is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.97
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Sweet Earth Holdings PB Ratio Historical Data

The historical data trend for Sweet Earth Holdings'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.

Sweet Earth Holdings PB Ratio Chart

Sweet Earth Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23
PB Ratio
6.50 17.61 - -

Sweet Earth Holdings Quarterly Data
Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Sweet Earth Holdings's PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Sweet Earth Holdings'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.


Sweet Earth Holdings's PB Ratio Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Sweet Earth Holdings's PB Ratio falls into.



Sweet Earth Holdings 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.

Sweet Earth Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.035/-0.057
=

* 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.


Sweet Earth Holdings  (XCNQ:SE) 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.


Sweet Earth Holdings PB Ratio Related Terms

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Sweet Earth Holdings (XCNQ:SE) Business Description

Traded in Other Exchanges
Address
903-700 West Pender Street, Vancouver, BC, CAN, V6C 1G8
Sweet Earth Holdings Corp is engaged in the business of the sale of hemp pre-roll and skin care products. 'It operates in a single segment, which includes cultivation and processing of hemp cannabidiol in the state of Oregon, USA, and in Cadiz, Spain'.

Sweet Earth Holdings (XCNQ:SE) Headlines

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