CubicFarm Systems (TSXV:CUB) Price-to-Tangible-Book : (As of Jun. 13, 2024)

View and export this data going back to 2019. Start your Free Trial

What is CubicFarm Systems Price-to-Tangible-Book?

As of today (2024-06-13), CubicFarm Systems's share price is C$0.245. CubicFarm Systems's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was C$-0.70. Hence, CubicFarm Systems's Price to Tangible Book Ratio of today is .

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

During the past 5 years, CubicFarm Systems's highest Price to Tangible Book Ratio was 18.29. The lowest was 2.09. And the median was 6.64.

TSXV:CUB's Price-to-Tangible-Book is not ranked ^*
in the Farm & Heavy Construction Machinery industry.
Industry Median: 1.74
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, CubicFarm Systems's share price is C$0.245. CubicFarm Systems's Book Value per Sharefor the quarter that ended in Sep. 2023 was C$-0.70. Hence, CubicFarm Systems's P/B Ratio of today is .

CubicFarm Systems Price-to-Tangible-Book Historical Data

The historical data trend for CubicFarm Systems'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.

CubicFarm Systems Price-to-Tangible-Book Chart

CubicFarm Systems Annual Data

Trend

Jun18

Jun19

Jun20

Dec21

Dec22

Price-to-Tangible-Book

9.52

6.16

CubicFarm Systems Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.09	-	-	-	-

Competitive Comparison of CubicFarm Systems's Price-to-Tangible-Book

For the Farm & Heavy Construction Machinery subindustry, CubicFarm Systems'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.

CubicFarm Systems's Price-to-Tangible-Book Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, CubicFarm Systems's Price-to-Tangible-Book distribution charts can be found below:

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

CubicFarm Systems Price-to-Tangible-Book Calculation

CubicFarm Systems's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.245	/	-0.699
	=

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.

CubicFarm Systems Price-to-Tangible-Book Related Terms

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

CubicFarm Systems (TSXV:CUB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » CubicFarm Systems Corp (TSXV:CUB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CUBXD:USA

Address

7170 Glover Road, Langley, BC, CAN, V2Y 2R1

Website

https://www.cubicfarms.com

CubicFarm Systems Corp is an ag-tech company providing automated growing systems for fresh produce and animal feed using HydroGreen Nutrition Technology. It offers turnkey, commercial scale, hydroponic, localized food supply solution automated controlled-environment growing systems that can grow predictably and sustainably anywhere on earth. The company enables its customers to grow locally and to provide their markets with safe, sustainable, secure, and fresh ingredients that are consistent in color, size, taste, and nutrition and allows for longer shelf life. The Company has patented technology for auto harvesting and processing methods for growing leafy greens and other crops onsite, indoors, all year round.

Executives

Ospraie Ag Science Llc

10% Security Holder