Aurora Cannabis (Aurora Cannabis) PB Ratio

: 0.78 (As of Today)

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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 (2024-04-23), Aurora Cannabis's share price is $6.27. Aurora Cannabis's Book Value per Share for the quarter that ended in Dec. 2023 was $8.09. Hence, Aurora Cannabis's PB Ratio of today is 0.78.

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

ACB' s PB Ratio Range Over the Past 10 Years
Min: 0.31 Med: 1.01 Max: 30.02
Current: 0.79

During the past 13 years, Aurora Cannabis's highest PB Ratio was 30.02. The lowest was 0.31. And the median was 1.01.

ACB's PB Ratio is ranked better than
84.2% of 962 companies
in the Drug Manufacturers industry
Industry Median: 1.91 vs ACB: 0.79

During the past 12 months, Aurora Cannabis's average Book Value Per Share Growth Rate was -33.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -32.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 68.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 54.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Aurora Cannabis was 361.00% per year. The lowest was -32.00% per year. And the median was -8.35% per year.

Back to Basics: PB Ratio

Aurora Cannabis PB Ratio Historical Data

The historical data trend for Aurora Cannabis'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.

Aurora Cannabis Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

PB Ratio

3.72

3.40

2.41

0.90

1.07

Aurora Cannabis Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio																0.76	0.68	0.55	0.66	0.59

Competitive Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Aurora Cannabis'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.

Aurora Cannabis PB Ratio Distribution

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

* The bar in red indicates where Aurora Cannabis's PB Ratio falls into.

Aurora Cannabis 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.

Aurora Cannabis's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	6.27	/	8.089
	=	0.78

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.

Aurora Cannabis (NAS:ACB) 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.

Aurora Cannabis PB Ratio Related Terms

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Aurora Cannabis (Aurora Cannabis) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Aurora Cannabis Inc (NAS:ACB) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

21P1:Germany ACB:Canada

Address

3498 63 Avenue, Leduc, AB, CAN, T9E 0G8

Website

https://www.auroramj.com

Aurora Cannabis, headquartered in Edmonton, Canada, cultivates and sells medicinal and recreational cannabis through a portfolio of brands that includes Drift, San Rafael '71, Daily Special, Whistler, Being, and Greybeard. Although the company primarily operates in Canada, it has expanded internationally through medical cannabis exporting agreements.