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The Planting Hope Co (The Planting Hope Co) Book Value per Share : $-0.03 (As of Sep. 2023)


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What is The Planting Hope Co Book Value per Share?

The Planting Hope Co's book value per share for the quarter that ended in Sep. 2023 was $-0.03.

During the past 12 months, The Planting Hope Co's average Book Value Per Share Growth Rate was -260.70% 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.

The Planting Hope Co's current price is $0.0526. Its book value per share for the quarter that ended in Sep. 2023 was $-0.03. Hence, today's PB Ratio of The Planting Hope Co is .

During the past 2 years, the highest P/B Ratio of The Planting Hope Co was 94.44. The lowest was 15.36. And the median was 25.00.


The Planting Hope Co Book Value per Share Historical Data

The historical data trend for The Planting Hope Co'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.

* Premium members only.

The Planting Hope Co Book Value per Share Chart

The Planting Hope Co Annual Data
Trend Dec21 Dec22
Book Value per Share
-0.05 0.02

The Planting Hope Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 -0.03 0.02 - -0.03

Competitive Comparison of The Planting Hope Co's Book Value per Share

For the Packaged Foods subindustry, The Planting Hope Co'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.


The Planting Hope Co's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Planting Hope Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where The Planting Hope Co's PB Ratio falls into.



The Planting Hope Co Book Value per Share Calculation

The Planting Hope Co'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)
=(1.64-0.00)/112.27
=0.01

The Planting Hope Co'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)
=(-3.82-0.00)/115.68
=-0.03

* 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.

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.


The Planting Hope Co  (OTCPK:MYLKF) 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.


The Planting Hope Co Book Value per Share Related Terms

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The Planting Hope Co (The Planting Hope Co) Business Description

Traded in Other Exchanges
Address
725 Granville Street, Suite 400, Vancouver, BC, CAN, V7Y 1G5
The Planting Hope Co Inc develops, launches, and scales plant-based, nutritious, and planet-friendly food and beverage brands across the United States and Canada. The company's products fill key unmet needs in the skyrocketing plant-based food and beverage space. It focuses on nutrition, sustainability, and diversity, with an ongoing mission. Its brands include Hope and Sesame sesame milk, a sustainable dairy alternative that is nutritionally comparable to dairy milk; Mozaics real veggie chips, a popped alternative to fried potato chips featuring visible peas and beans as principal ingredients; Veggicopia single-serving plant-based dips cups and snack olives that have extended shelf-life, require no refrigeration and lowers the carbon footprint.