Greenway Greenhouse Cannabis (XCNQ:GWAY) Price-to-Tangible-Book : 3.37 (As of May. 01, 2024)

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What is Greenway Greenhouse Cannabis Price-to-Tangible-Book?

As of today (2024-05-01), Greenway Greenhouse Cannabis's share price is C$0.34. Greenway Greenhouse Cannabis's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.10. Hence, Greenway Greenhouse Cannabis's Price to Tangible Book Ratio of today is 3.37.

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

XCNQ:GWAY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.83 Med: 4.72 Max: 10
Current: 3.4

During the past 3 years, Greenway Greenhouse Cannabis's highest Price to Tangible Book Ratio was 10.00. The lowest was 1.83. And the median was 4.72.

XCNQ:GWAY's Price-to-Tangible-Book is ranked worse than
65.18% of 873 companies
in the Drug Manufacturers industry
Industry Median: 2.37 vs XCNQ:GWAY: 3.40

A closely related ratio is called PB Ratio. As of today, Greenway Greenhouse Cannabis's share price is C$0.34. Greenway Greenhouse Cannabis's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.10. Hence, Greenway Greenhouse Cannabis's P/B Ratio of today is 3.37.

Greenway Greenhouse Cannabis Price-to-Tangible-Book Historical Data

The historical data trend for Greenway Greenhouse Cannabis'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.

Greenway Greenhouse Cannabis Price-to-Tangible-Book Chart

Greenway Greenhouse Cannabis Annual Data

Trend

Mar21

Mar22

Mar23

Price-to-Tangible-Book

10.00

2.19

Greenway Greenhouse Cannabis Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial								4.72	2.68	2.19	2.82	1.83

Competitive Comparison of Greenway Greenhouse Cannabis's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Greenway Greenhouse Cannabis'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.

Greenway Greenhouse Cannabis's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Greenway Greenhouse Cannabis's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Greenway Greenhouse Cannabis's Price-to-Tangible-Book falls into.

Greenway Greenhouse Cannabis Price-to-Tangible-Book Calculation

Greenway Greenhouse Cannabis's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.34	/	0.101
	=	3.37

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.

Greenway Greenhouse Cannabis Price-to-Tangible-Book Related Terms

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

Greenway Greenhouse Cannabis (XCNQ:GWAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Greenway Greenhouse Cannabis Corp (XCNQ:GWAY) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

GWAYF:USA

Address

1478 Seacliff Drive, Kingsville, ON, CAN, N9Y 2M2

Website

https://www.greenway.ca

Greenway Greenhouse Cannabis Corp is licensed to cultivate, process and sell to ensures harvests always consist of the highest quality cannabis strains with resinous flowers, trichomes, and rich cannabinoid profiles. The Company's nursery facility is located in Kingsville, Ontario, and its flowering and processing facility is located in Leamington, Ontario. The business model is to supply bulk packaged, high quality cannabis to the Canadian, cannabis industry at prices that ultimately provide a value proposition to the consumers. Greenway has three divisions with various locations; Greenway Nursery, Greenway Cultivation and future plans for Greenway Farmgate Retail Store.

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