Christina Lake Cannabis (Christina Lake Cannabis) Price-to-Tangible-Book : 0.45 (As of May. 25, 2024)

View and export this data going back to 2020. Start your Free Trial

What is Christina Lake Cannabis Price-to-Tangible-Book?

As of today (2024-05-25), Christina Lake Cannabis's share price is $0.0299. Christina Lake Cannabis's Tangible Book per Share of Aug. 2023 for the quarter that ended in Aug. 2023 was $0.07. Hence, Christina Lake Cannabis's Price to Tangible Book Ratio of today is 0.45.

The historical rank and industry rank for Christina Lake Cannabis's Price-to-Tangible-Book or its related term are showing as below:

CLCFF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.45 Med: 1.99 Max: 8.83
Current: 0.5

During the past 5 years, Christina Lake Cannabis's highest Price to Tangible Book Ratio was 8.83. The lowest was 0.45. And the median was 1.99.

CLCFF's Price-to-Tangible-Book is ranked better than
97.46% of 865 companies
in the Drug Manufacturers industry
Industry Median: 2.32 vs CLCFF: 0.50

A closely related ratio is called PB Ratio. As of today, Christina Lake Cannabis's share price is $0.0299. Christina Lake Cannabis's Book Value per Sharefor the quarter that ended in Aug. 2023 was $0.07. Hence, Christina Lake Cannabis's P/B Ratio of today is 0.45.

Christina Lake Cannabis Price-to-Tangible-Book Historical Data

The historical data trend for Christina Lake Cannabis's Price-to-Tangible-Book 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.

Christina Lake Cannabis Price-to-Tangible-Book Chart

Christina Lake Cannabis Annual Data

Trend

Nov18

Nov19

Nov20

Nov21

Nov22

Price-to-Tangible-Book

3.47

1.35

Christina Lake Cannabis Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.15	1.35	1.05	1.35	0.54

Competitive Comparison of Christina Lake Cannabis's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Christina Lake Cannabis's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Christina Lake Cannabis's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Christina Lake Cannabis's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Christina Lake Cannabis's Price-to-Tangible-Book falls into.

Christina Lake Cannabis Price-to-Tangible-Book Calculation

Christina Lake Cannabis's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Aug. 2023 )
	=	0.0299	/	0.066
	=	0.45

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Christina Lake Cannabis Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Christina Lake Cannabis's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Christina Lake Cannabis (Christina Lake Cannabis) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Christina Lake Cannabis Corp (OTCPK:CLCFF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CLB:Germany CLC:Canada

Address

789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2

Website

https://www.christinalakecannabis.com

Christina Lake Cannabis Corp is a licensed producer of cannabis. The company cultivates cannabis using strains specifically developed for outdoor cultivation. It is a producer of high-quality, low-cost, sun-grown cannabis flower, oil cannabinoids and hemp-based extracts and derivatives, serving domestic and international markets.