AAWH (Ascend Wellness Holdings) PB Ratio: (As of Jun. 28, 2026)


AAWH Ascend Wellness Holdings Inc AAWH
42 GF Score
Price $0.47
GF Value $0.64
Valuation Possible Value Trap
! 4 Warning Signs
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What is Ascend Wellness 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 (2026-06-28), Ascend Wellness Holdings's share price is $0.46815. Ascend Wellness Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was $-0.38. Hence, Ascend Wellness Holdings's PB Ratio of today is .

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

During the past 7 years, Ascend Wellness Holdings's highest PB Ratio was 103.33. The lowest was 0.60. And the median was 1.94.

AAWH's PB Ratio is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.81
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, Ascend Wellness Holdings's average Book Value Per Share Growth Rate was -249.40% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Ascend Wellness Holdings was 210.90% per year. The lowest was -30.50% per year. And the median was 90.20% per year.

Back to Basics: PB Ratio


Ascend Wellness Holdings  (OTCPK:AAWH) 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.


Ascend Wellness Holdings PB Ratio Related Terms


Ascend Wellness Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Ascend Wellness 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.

Ascend Wellness Holdings PB Ratio Chart

Ascend Wellness Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 6.38 1.33 1.45 1.13 0.00

Ascend Wellness Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.38 2.37 76.11 0.00 0.00

AAWH vs ZTS: PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Ascend Wellness 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.


Ascend Wellness Holdings PB Ratio vs Drug Manufacturers Industry

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

* The bar in red indicates where Ascend Wellness Holdings's PB Ratio falls into.


AAWH
42GF Score
Ascend Wellness Holdings Inc AAWH
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ascend Wellness 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.

Ascend Wellness Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.46815/-0.378
=

* 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.

Is Ascend Wellness Holdings (AAWH) Overvalued in 2026?

Based on GuruFocus' analysis, Ascend Wellness Holdings stock appears to be undervalued. The current stock price of $0.47 is trading 26.9% below its estimated GF Value™ of $0.64. GuruFocus considers Ascend Wellness Holdings to be Possible Value Trap.

Key valuation signals for AAWH:

  • PB Ratio:
  • GF Value™: $0.64 vs. price of $0.47 (26.9% below fair value)
  • GF Score™: 42/100 with 4 warning signs

No single metric tells the full story. See the AAWH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ascend Wellness Holdings Business Description

Other Exchanges 8VJ:GermanyAAWH.U:Canada
Address Rochelle Park, Morristown, NJ, USA, 07662
Ascend Wellness Holdings Inc is a vertically integrated multi-state operator focused on adult-use or near-term adult-use cannabis states in limited licenses markets. The company's core business is the cultivation, manufacturing, and distribution of cannabis consumer packaged goods, which it sells through company-owned retail stores and third-party licensed cannabis retail stores. It generates maximum revenue from the retail product segment.
42GF Score

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PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.47
Price
$0.64
GF Value