CubicFarm Systems (CubicFarm Systems) Book Value per Share : $-0.52 (As of Sep. 2023)

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What is CubicFarm Systems Book Value per Share?

CubicFarm Systems's book value per share for the quarter that ended in Sep. 2023 was $-0.52.

During the past 12 months, CubicFarm Systems's average Book Value Per Share Growth Rate was -166.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of CubicFarm Systems was 77.30% per year. The lowest was 77.30% per year. And the median was 77.30% per year.

CubicFarm Systems's current price is $0.1621. Its book value per share for the quarter that ended in Sep. 2023 was $-0.52. Hence, today's PB Ratio of CubicFarm Systems is .

During the past 5 years, the highest P/B Ratio of CubicFarm Systems was 11.39. The lowest was 0.62. And the median was 4.90.

CubicFarm Systems Book Value per Share Historical Data

The historical data trend for CubicFarm Systems's Book Value per Share 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.

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CubicFarm Systems Book Value per Share Chart

CubicFarm Systems Annual Data

Trend

Jun18

Jun19

Jun20

Dec21

Dec22

Book Value per Share

0.32

1.27

0.91

1.80

-0.35

CubicFarm Systems Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Book Value per Share	Get a 7-Day Free Trial															0.79	-0.35	-0.34	-0.44	-0.52

Competitive Comparison of CubicFarm Systems's Book Value per Share

For the Farm & Heavy Construction Machinery subindustry, CubicFarm Systems's PB Ratio, along with its competitors' market caps and PB Ratio 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.

CubicFarm Systems's PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, CubicFarm Systems's PB Ratio distribution charts can be found below:

* The bar in red indicates where CubicFarm Systems's PB Ratio falls into.

CubicFarm Systems Book Value per Share Calculation

CubicFarm Systems's Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(-7.34	-	0.00)	/	20.71
	=	-0.35

CubicFarm Systems's Book Value Per Share for the quarter that ended in Sep. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(-13.59	-	0.00)	/	26.32
	=	-0.52

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

CubicFarm Systems (OTCPK:CUBXF) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.

CubicFarm Systems Book Value per Share Related Terms

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CubicFarm Systems (CubicFarm Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » CubicFarm Systems Corp (OTCPK:CUBXF) » Definitions » Book Value per Share

Comparable Companies

Traded in Other Exchanges

CUB:Canada

Address

7170 Glover Road, Langley, BC, CAN, V2Y 2R1

Website

https://www.cubicfarms.com

CubicFarm Systems Corp is an ag-tech company providing automated growing systems for fresh produce and animal feed using HydroGreen Nutrition Technology. It offers turnkey, commercial scale, hydroponic, localized food supply solution automated controlled-environment growing systems that can grow predictably and sustainably anywhere on earth. The company enables its customers to grow locally and to provide their markets with safe, sustainable, secure, and fresh ingredients that are consistent in color, size, taste, and nutrition and allows for longer shelf life. The Company has patented technology for auto harvesting and processing methods for growing leafy greens and other crops onsite, indoors, all year round.