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Copland Road Capital (XCNQ:CRCC) PB Ratio : 1.63 (As of May. 21, 2024)


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What is Copland Road Capital 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 (2024-05-21), Copland Road Capital's share price is C$0.20. Copland Road Capital's Book Value per Share for the quarter that ended in Dec. 2023 was C$0.12. Hence, Copland Road Capital's PB Ratio of today is 1.63.

The historical rank and industry rank for Copland Road Capital's PB Ratio or its related term are showing as below:

XCNQ:CRCC' s PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.83   Max: 10.1
Current: 1.63

During the past 13 years, Copland Road Capital's highest PB Ratio was 10.10. The lowest was 0.04. And the median was 0.83.

XCNQ:CRCC's PB Ratio is ranked better than
59.06% of 955 companies
in the Drug Manufacturers industry
Industry Median: 2.02 vs XCNQ:CRCC: 1.63

During the past 12 months, Copland Road Capital's average Book Value Per Share Growth Rate was 23.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Copland Road Capital was 70.60% per year. The lowest was -66.80% per year. And the median was 2.00% per year.

Back to Basics: PB Ratio


Copland Road Capital PB Ratio Historical Data

The historical data trend for Copland Road Capital'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.

Copland Road Capital PB Ratio Chart

Copland Road Capital Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 - 1.92 2.30 1.63

Copland Road Capital Quarterly Data
Jan19 Apr19 Jul19 Oct19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.30 1.45 1.75 1.50 1.63

Competitive Comparison of Copland Road Capital's PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Copland Road Capital'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.


Copland Road Capital's PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Copland Road Capital's PB Ratio distribution charts can be found below:

* The bar in red indicates where Copland Road Capital's PB Ratio falls into.



Copland Road Capital 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.

Copland Road Capital's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.20/0.123
=1.63

* 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.

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

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.


Copland Road Capital  (XCNQ:CRCC) 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.


Copland Road Capital PB Ratio Related Terms

Thank you for viewing the detailed overview of Copland Road Capital's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Copland Road Capital (XCNQ:CRCC) Business Description

Traded in Other Exchanges
N/A
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Copland Road Capital Corp is an investment company. It focuses on making investments in the cannabis industry. It generates revenue from Retail and wholesale, which includes the sale of physical cannabis goods. The company discontinued all its operations.
Executives
Scott Kelly 10% Security Holder, Director

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