Rubicon Organics (Rubicon Organics) Price-to-Tangible-Book : 0.62 (As of Jun. 24, 2024)

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What is Rubicon Organics Price-to-Tangible-Book?

As of today (2024-06-24), Rubicon Organics's share price is $0.2803. Rubicon Organics's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $0.45. Hence, Rubicon Organics's Price to Tangible Book Ratio of today is 0.62.

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

ROMJF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.61 Med: 3.45 Max: 7.23
Current: 0.61

During the past 8 years, Rubicon Organics's highest Price to Tangible Book Ratio was 7.23. The lowest was 0.61. And the median was 3.45.

ROMJF's Price-to-Tangible-Book is ranked better than
93.96% of 861 companies
in the Drug Manufacturers industry
Industry Median: 2.31 vs ROMJF: 0.61

A closely related ratio is called PB Ratio. As of today, Rubicon Organics's share price is $0.2803. Rubicon Organics's Book Value per Sharefor the quarter that ended in Mar. 2024 was $0.48. Hence, Rubicon Organics's P/B Ratio of today is 0.58.

Rubicon Organics Price-to-Tangible-Book Historical Data

The historical data trend for Rubicon Organics'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.

Rubicon Organics Price-to-Tangible-Book Chart

Rubicon Organics Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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4.59

6.64

2.92

1.16

Rubicon Organics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.96	0.86	0.80	-	0.66

Competitive Comparison of Rubicon Organics's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Rubicon Organics'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.

Rubicon Organics's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Rubicon Organics's Price-to-Tangible-Book falls into.

Rubicon Organics Price-to-Tangible-Book Calculation

Rubicon Organics's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.2803	/	0.451
	=	0.62

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.

Rubicon Organics Price-to-Tangible-Book Related Terms

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

Rubicon Organics (Rubicon Organics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Rubicon Organics Inc (OTCPK:ROMJF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

R07:Germany ROMJ:Canada

Address

744 West Hastings Street, Unit 505, Vancouver, BC, CAN, V6C 1A5

Website

https://www.rubiconorganics.com

Rubicon Organics Inc is engaged in the business of the production and sale of cannabis in Canada. The Company produces and processes organic cannabis at its wholly-owned, federally licensed facility in Delta, British Columbia which it sells under its wholly owned and other licensed brands such as Lab Theory, Wildflower, Homestead Cannabis Supply, 1964 Supply Co, and Simply Bare Organic.