CubicFarm Systems (CubicFarm Systems) PB Ratio : (As of Jun. 10, 2024)

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What is CubicFarm Systems PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-06-10), CubicFarm Systems's share price is $0.1621. CubicFarm Systems's Book Value per Share for the quarter that ended in Sep. 2023 was $-0.52. Hence, CubicFarm Systems's PB Ratio of today is .

The historical rank and industry rank for CubicFarm Systems's PB Ratio or its related term are showing as below:

During the past 5 years, CubicFarm Systems's highest PB Ratio was 11.39. The lowest was 0.62. And the median was 4.90.

CUBXF's PB Ratio is not ranked ^*
in the Farm & Heavy Construction Machinery industry.
Industry Median: 1.5
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, CubicFarm Systems's average Book Value Per Share Growth Rate was -166.60% per year.

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.

Back to Basics: PB Ratio

CubicFarm Systems PB Ratio Historical Data

The historical data trend for CubicFarm Systems's PB Ratio 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.

CubicFarm Systems PB Ratio Chart

CubicFarm Systems Annual Data

Trend

Jun18

Jun19

Jun20

Dec21

Dec22

PB Ratio

5.48

5.11

CubicFarm Systems Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
PB Ratio	Get a 7-Day Free Trial															1.28	-	-	-	-

Competitive Comparison of CubicFarm Systems's PB Ratio

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 PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

CubicFarm Systems's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	0.1621	/	-0.516
	=

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

CubicFarm Systems (OTCPK:CUBXF) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

CubicFarm Systems PB Ratio 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 » PB Ratio

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.