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West Island Brands (XCNQ:WIB) PB Ratio : 0.68 (As of Jun. 03, 2024)


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What is West Island 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 (2024-06-03), West Island Brands's share price is C$0.13. West Island Brands's Book Value per Share for the quarter that ended in Sep. 2022 was C$0.19. Hence, West Island Brands's PB Ratio of today is 0.68.

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

XCNQ:WIB's PB Ratio is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.92
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


West Island Brands PB Ratio Historical Data

The historical data trend for West Island 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.

West Island Brands PB Ratio Chart

West Island Brands Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.19 1.87 0.86 1.07 1.34

West Island Brands Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 1.36 1.34 1.25 0.84 0.83

Competitive Comparison of West Island Brands's PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, West Island 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.


West Island Brands's PB Ratio Distribution in the Drug Manufacturers Industry

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

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



West Island 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2022)
=0.13/0.192
=0.68

* 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.


West Island Brands  (XCNQ:WIB) 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.


West Island Brands PB Ratio Related Terms

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West Island Brands (XCNQ:WIB) Business Description

Traded in Other Exchanges
N/A
Address
44 Victoria Street, Suite 1102, Toronto, ON, CAN, M5C 1Y2
West Island Brands Inc is a Canadian holding company, operating in the vertically integrated cannabis space. The company sells and distributes recreational and medical cannabis through a subsidiary, West Island Culture. The firm operates out of its cultivation and processing facility in Dorval, Quebec. The company sells cannabis products under the OUEST and CITOYEN brands.

West Island Brands (XCNQ:WIB) Headlines

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