SLANG Worldwide (XCNQ:SLNG) PB Ratio : (As of Dec. 12, 2024)

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What is SLANG Worldwide 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 (2024-12-12), SLANG Worldwide's share price is C$0.005. SLANG Worldwide's Book Value per Share for the quarter that ended in Jun. 2024 was C$-0.10. Hence, SLANG Worldwide's PB Ratio of today is .

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

During the past 7 years, SLANG Worldwide's highest PB Ratio was 8.42. The lowest was 0.14. And the median was 0.95.

XCNQ:SLNG's PB Ratio is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 2.09
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, SLANG Worldwide's average Book Value Per Share Growth Rate was -320.90% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of SLANG Worldwide was -37.90% per year. The lowest was -50.20% per year. And the median was -44.05% per year.

Back to Basics: PB Ratio

SLANG Worldwide PB Ratio Historical Data

The historical data trend for SLANG Worldwide'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.

SLANG Worldwide PB Ratio Chart

SLANG Worldwide Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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3.29

1.84

1.02

0.37

SLANG Worldwide Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
PB Ratio	Get a 7-Day Free Trial															0.93	2.61	-	-	-

Competitive Comparison of SLANG Worldwide's PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, SLANG Worldwide'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.

SLANG Worldwide's PB Ratio Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where SLANG Worldwide's PB Ratio falls into.

SLANG Worldwide 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.

SLANG Worldwide's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2024)
	=	0.005	/	-0.095
	=

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

SLANG Worldwide (XCNQ:SLNG) 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.

SLANG Worldwide PB Ratio Related Terms

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SLANG Worldwide Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » SLANG Worldwide Inc (XCNQ:SLNG) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

SLGWQ:USA 84SA:Germany

Address

50 Carroll Street, Toronto, ON, CAN, M4M 3G3

Website

https://www.slangww.com

SLANG Worldwide Inc is a cannabis-focused consumer packaged goods company. It is focused on acquiring and developing regional brands, as well as creating new brands to meet the needs of cannabis consumers. It operates in two reportable segments Core Markets, and Emerging Markets, and the majority of its revenue comes from the Core Market. Geographically it operates in Canada and the U.S. It derives the majority of its revenue from the U.S. Its brand portfolio involves, Firefly, O.pen, and Alchemy Naturals.

Executives