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Wesana Health Holdings (XCNQ:WESA.X) PB Ratio : (As of May. 27, 2024)


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What is Wesana Health Holdings 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 (2024-05-27), Wesana Health Holdings's share price is C$0.02. Wesana Health Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was C$-0.02. Hence, Wesana Health Holdings's PB Ratio of today is .

The historical rank and industry rank for Wesana Health Holdings's PB Ratio or its related term are showing as below:

During the past 4 years, Wesana Health Holdings's highest PB Ratio was 3.82. The lowest was 0.08. And the median was 0.72.

XCNQ:WESA.X's PB Ratio is not ranked *
in the Biotechnology industry.
Industry Median: 2.5
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, Wesana Health Holdings's average Book Value Per Share Growth Rate was -128.10% per year.

Back to Basics: PB Ratio


Wesana Health Holdings PB Ratio Historical Data

The historical data trend for Wesana Health Holdings'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.

Wesana Health Holdings PB Ratio Chart

Wesana Health Holdings Annual Data
Trend Apr20 Apr21 Dec22 Dec23
PB Ratio
- - 0.47 -

Wesana Health Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 1.09 1.18 0.47 0.80 -

Competitive Comparison of Wesana Health Holdings's PB Ratio

For the Biotechnology subindustry, Wesana Health Holdings'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.


Wesana Health Holdings's PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Wesana Health Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Wesana Health Holdings's PB Ratio falls into.



Wesana Health Holdings 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.

Wesana Health Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.02/-0.018
=

* 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.


Wesana Health Holdings  (XCNQ:WESA.X) 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.


Wesana Health Holdings PB Ratio Related Terms

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


Wesana Health Holdings (XCNQ:WESA.X) Business Description

Traded in Other Exchanges
Address
745 Thurlow Street, Suite 2400, Vancouver, BC, CAN, V6E 0C5
Wesana Health Holdings Inc is an emerging life sciences company championing the development and delivery of psychedelic and naturally-sourced therapies to treat traumatic brain injury. The Company is developing evidence-based formulations and protocols that empower patients to overcome neurological, psychological, and mental health ailments caused by trauma with the help of extensive clinical research and academic partnerships.

Wesana Health Holdings (XCNQ:WESA.X) Headlines

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