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Simply Solventless Concentrates (TSXV:HASH) Price-to-Tangible-Book : 2.75 (As of Jun. 08, 2024)


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What is Simply Solventless Concentrates Price-to-Tangible-Book?

As of today (2024-06-08), Simply Solventless Concentrates's share price is C$0.275. Simply Solventless Concentrates's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$0.10. Hence, Simply Solventless Concentrates's Price to Tangible Book Ratio of today is 2.75.

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

TSXV:HASH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.65   Med: 1.66   Max: 2.75
Current: 2.75

During the past 3 years, Simply Solventless Concentrates's highest Price to Tangible Book Ratio was 2.75. The lowest was 1.65. And the median was 1.66.

TSXV:HASH's Price-to-Tangible-Book is ranked worse than
57.93% of 858 companies
in the Drug Manufacturers industry
Industry Median: 2.265 vs TSXV:HASH: 2.75

A closely related ratio is called PB Ratio. As of today, Simply Solventless Concentrates's share price is C$0.275. Simply Solventless Concentrates's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$0.10. Hence, Simply Solventless Concentrates's P/B Ratio of today is 2.72.


Simply Solventless Concentrates Price-to-Tangible-Book Historical Data

The historical data trend for Simply Solventless Concentrates'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.

Simply Solventless Concentrates Price-to-Tangible-Book Chart

Simply Solventless Concentrates Annual Data
Trend Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - 1.67

Simply Solventless Concentrates Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only - - - 1.67 1.65

Competitive Comparison of Simply Solventless Concentrates's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Simply Solventless Concentrates'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.


Simply Solventless Concentrates's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Simply Solventless Concentrates's Price-to-Tangible-Book falls into.



Simply Solventless Concentrates Price-to-Tangible-Book Calculation

Simply Solventless Concentrates's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.275/0.1
=2.75

* 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 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.


Simply Solventless Concentrates Price-to-Tangible-Book Related Terms

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


Simply Solventless Concentrates (TSXV:HASH) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
273209 Range Road 20, Rocky View County, AB, CAN, T4B 4P2
Simply Solventless Concentrates Ltd is a company that provides pure, potent, terpene-rich solvent less concentrates to discerning cannabis consumers.
Executives
William Colin Macdonald 10% Security Holder, Director
Jeffrey Philip James Swainson 10% Security Holder, Director, Senior Officer

Simply Solventless Concentrates (TSXV:HASH) Headlines

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