PNXP (Pineapple Express Cannabis Co) Return-on-Tangible-Asset: 0.00% (As of Oct. 2025)

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What is Pineapple Express Cannabis Co Return-on-Tangible-Asset?

Pineapple Express Cannabis Co PNXP Return-on-Tangible-Asset is 0.00% as of Oct. 2025. The stock has 2 warning signs investors should review. Among 1,008 Drug Manufacturers companies, Pineapple Express Cannabis Co ranks worse than 99.9% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Pineapple Express Cannabis Co's annualized Net Income for the quarter that ended in Oct. 2025 was $0.08 Mil. Pineapple Express Cannabis Co's average total tangible assets for the quarter that ended in Oct. 2025 was $0.00 Mil. Therefore, Pineapple Express Cannabis Co's annualized Return-on-Tangible-Asset for the quarter that ended in Oct. 2025 was 0.00%.

The historical rank and industry rank for Pineapple Express Cannabis Co's Return-on-Tangible-Asset or its related term are showing as below:

PNXP' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4664.29   Med: -995   Max: -255.56
Current: -4664.29

During the past 4 years, Pineapple Express Cannabis Co's highest Return-on-Tangible-Asset was -255.56%. The lowest was -4664.29%. And the median was -995.00%.

PNXP's Return-on-Tangible-Asset is ranked worse than
99.9% of 1008 companies
in the Drug Manufacturers industry
Industry Median: 3.14 vs PNXP: -4664.29

Pineapple Express Cannabis Co  (OTCPK:PNXP) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Pineapple Express Cannabis Co Return-on-Tangible-Asset Related Terms


Pineapple Express Cannabis Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Pineapple Express Cannabis Co's Return-on-Tangible-Asset 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.

Pineapple Express Cannabis Co Return-on-Tangible-Asset Chart

Pineapple Express Cannabis Co Annual Data
Trend Jan22 Jan23 Jan24 Jan25
Return-on-Tangible-Asset
-255.56 -440.00 -2,950.00 -1,550.00

Pineapple Express Cannabis Co Quarterly Data
Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -28.57 -729.41 0.00 0.00 0.00

PNXP vs CBSTQ, GCAN, ZTS: Return-on-Tangible-Asset Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Pineapple Express Cannabis Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Pineapple Express Cannabis Co Return-on-Tangible-Asset vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Pineapple Express Cannabis Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Pineapple Express Cannabis Co's Return-on-Tangible-Asset falls into.



Pineapple Express Cannabis Co Return-on-Tangible-Asset Calculation

Pineapple Express Cannabis Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jan. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jan. 2025 )  (A: Jan. 2024 )(A: Jan. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jan. 2025 )  (A: Jan. 2024 )(A: Jan. 2025 )
=-0.031/( (0.002+0)/ 1 )
=-0.031/0.002
=-1,550.00 %

Pineapple Express Cannabis Co's annualized Return-on-Tangible-Asset for the quarter that ended in Oct. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Oct. 2025 )  (Q: Jul. 2025 )(Q: Oct. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Oct. 2025 )  (Q: Jul. 2025 )(Q: Oct. 2025 )
=0.08/( (0+0)/ 1 )
=0.08/0
=N/A %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Oct. 2025) net income data.

What does a Return-on-Tangible-Asset of 0.00% mean?
Pineapple Express Cannabis Co (PNXP) has a Return-on-Tangible-Asset of 0.00% as of Oct. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Pineapple Express Cannabis Co and its competitors. According to the industry distribution chart, Pineapple Express Cannabis Co ranks #1007 out of 1008 companies in the Drug Manufacturers industry, placing it in the top 99.9%.
Is Pineapple Express Cannabis Co's Return-on-Tangible-Asset too high?
Pineapple Express Cannabis Co's current Return-on-Tangible-Asset is 0.00%. Based on the distribution chart, Pineapple Express Cannabis Co ranks #1007 out of 1008 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers.
How does Pineapple Express Cannabis Co's Return-on-Tangible-Asset compare to CBSTQ and GCAN?
According to the Drug Manufacturers industry distribution chart, Pineapple Express Cannabis Co ranks #1007 out of 1008 companies for Return-on-Tangible-Asset. This places Pineapple Express Cannabis Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.14. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Drug Manufacturers company?
The median Return-on-Tangible-Asset among Drug Manufacturers companies is 3.14, based on 1,008 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Pineapple Express Cannabis Co and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Asset is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pineapple Express Cannabis Co's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pineapple Express Cannabis Co stock overvalued right now?
Pineapple Express Cannabis Co (PNXP) has a current Return-on-Tangible-Asset of 0.00%. The current Return-on-Tangible-Asset is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Pineapple Express Cannabis Co (PNXP), the current Return-on-Tangible-Asset is 0.00% as of Oct. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Pineapple Express Cannabis Co Business Description

Address 300 Peachtree Street NE, Suite 1775, Atlanta, GA, USA, 30308-3565
Pineapple Express Cannabis Co along with its subsidiaries, serves as an incubator, helping early-stage ventures and startups in the cannabis sector through funding, mentoring, and training. It is also engaged in legal cannabis retail and owns and manages retail cannabis ventures.