Ascend Wellness Holdings (XCNQ:AAWH.U) Price-to-Tangible-Book : (As of Apr. 30, 2024)

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What is Ascend Wellness Holdings Price-to-Tangible-Book?

As of today (2024-04-30), Ascend Wellness Holdings's share price is $1.26. Ascend Wellness Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-0.61. Hence, Ascend Wellness Holdings's Price to Tangible Book Ratio of today is .

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

During the past 5 years, Ascend Wellness Holdings's highest Price to Tangible Book Ratio was 15.27. The lowest was 15.27. And the median was 15.27.

XCNQ:AAWH.U's Price-to-Tangible-Book is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 2.34
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Ascend Wellness Holdings's share price is $1.26. Ascend Wellness Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.69. Hence, Ascend Wellness Holdings's P/B Ratio of today is 1.82.

Ascend Wellness Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Ascend Wellness Holdings'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.

Ascend Wellness Holdings Price-to-Tangible-Book Chart

Ascend Wellness Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

15.27

Ascend Wellness Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial												-	-	-	-	-

Competitive Comparison of Ascend Wellness Holdings's Price-to-Tangible-Book

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

Ascend Wellness Holdings's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Ascend Wellness Holdings's Price-to-Tangible-Book falls into.

Ascend Wellness Holdings Price-to-Tangible-Book Calculation

Ascend Wellness Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.26	/	-0.61
	=

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.

Ascend Wellness Holdings Price-to-Tangible-Book Related Terms

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

Ascend Wellness Holdings (XCNQ:AAWH.U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ascend Wellness Holdings Inc (XCNQ:AAWH.U) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

AAWH:USA

Address

1411 Broadway, 16th Floor, New York, NY, USA, 10018

Website

https://www.awholdings.com

Ascend Wellness Holdings Inc is a vertically integrated multi-state operator focused on adult-use or near-term adult-use cannabis states in limited license 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.

Ascend Wellness Holdings (XCNQ:AAWH.U) Headlines

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