Atlas Global Brands (XCNQ:ATL) Price-to-Tangible-Book : 2.63 (As of Jun. 16, 2024)

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What is Atlas Global Brands Price-to-Tangible-Book?

As of today (2024-06-16), Atlas Global Brands's share price is C$0.15. Atlas Global Brands's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.06. Hence, Atlas Global Brands's Price to Tangible Book Ratio of today is 2.63.

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

XCNQ:ATL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.6 Med: 1.7 Max: 2.63
Current: 2.5

During the past 0 years, Atlas Global Brands's highest Price to Tangible Book Ratio was 2.63. The lowest was 1.60. And the median was 1.70.

XCNQ:ATL's Price-to-Tangible-Book is not ranked
in the Drug Manufacturers industry.
Industry Median: 2.34 vs XCNQ:ATL: 2.50

A closely related ratio is called PB Ratio. As of today, Atlas Global Brands's share price is C$0.15. Atlas Global Brands's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.06. Hence, Atlas Global Brands's P/B Ratio of today is 2.34.

Atlas Global Brands Price-to-Tangible-Book Historical Data

The historical data trend for Atlas Global Brands'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.

Atlas Global Brands Price-to-Tangible-Book Chart

Atlas Global Brands Annual Data

Trend

Price-to-Tangible-Book

Atlas Global Brands Quarterly Data
	Dec22	Jun23	Sep23	Dec23
Price-to-Tangible-Book	-	1.60	1.70	2.63

Competitive Comparison of Atlas Global Brands's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Atlas Global Brands'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.

Atlas Global Brands's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Atlas Global Brands's Price-to-Tangible-Book falls into.

Atlas Global Brands Price-to-Tangible-Book Calculation

Atlas Global Brands's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.15	/	0.057
	=	2.63

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.

Atlas Global Brands Price-to-Tangible-Book Related Terms

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

Atlas Global Brands (XCNQ:ATL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Atlas Global Brands Inc (XCNQ:ATL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

AGBIF:USA

Address

566 Riverview Drive, Unit 104, Chatham, ON, CAN, N7M 0N2

Website

Atlas Global Brands Inc is a licensed cannabis company operating in Canada and Israel with experience across the cannabis value chain including cultivation, manufacturing, scalability, marketing, distribution, and pharmacy. Atlas currently serves eight countries: Australia, Canada, Denmark, Germany, Israel, Norway, Spain, and the United Kingdom.

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