Albert Labs International (XCNQ:ABRT) Price-to-Tangible-Book : (As of Sep. 26, 2024)

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What is Albert Labs International Price-to-Tangible-Book?

As of today (2024-09-26), Albert Labs International's share price is C$0.005. Albert Labs International's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was C$-0.01. Hence, Albert Labs International's Price to Tangible Book Ratio of today is .

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

During the past 2 years, Albert Labs International's highest Price to Tangible Book Ratio was 13.33. The lowest was 6.36. And the median was 8.70.

XCNQ:ABRT's Price-to-Tangible-Book is not ranked ^*
in the Biotechnology industry.
Industry Median: 2.7
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Albert Labs International's share price is C$0.005. Albert Labs International's Book Value per Sharefor the quarter that ended in Sep. 2023 was C$-0.01. Hence, Albert Labs International's P/B Ratio of today is .

Albert Labs International Price-to-Tangible-Book Historical Data

The historical data trend for Albert Labs International'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.

Albert Labs International Price-to-Tangible-Book Chart

Albert Labs International Annual Data

Trend

Dec21

Dec22

Price-to-Tangible-Book

Albert Labs International Quarterly Data
	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial					13.33	-	-	-	-

Competitive Comparison of Albert Labs International's Price-to-Tangible-Book

For the Biotechnology subindustry, Albert Labs International'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.

Albert Labs International's Price-to-Tangible-Book Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Albert Labs International's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Albert Labs International's Price-to-Tangible-Book falls into.

Albert Labs International Price-to-Tangible-Book Calculation

Albert Labs International's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.005	/	-0.006
	=

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.

Albert Labs International Price-to-Tangible-Book Related Terms

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

Albert Labs International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Albert Labs International Corp (XCNQ:ABRT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

6996, Merritt Avenue, Burnaby, BC, CAN, V5J 4R6

Website

https://www.albertlabs.com

Albert Labs International Corp is a laboratory-based, clinical research and drug development enterprise addressing mental health care needs. The company is focusing on Real World Evidence (RWE) the company will initially look to commercialize its mycelium-based KRN-101 medicine and treatment with the help of clinical pathway.

Albert Labs International Headlines

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