MJ Holdings (MJ Holdings) Price-to-Tangible-Book : 0.24 (As of May. 11, 2024)

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What is MJ Holdings Price-to-Tangible-Book?

As of today (2024-05-11), MJ Holdings's share price is $0.00615. MJ Holdings's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $0.03. Hence, MJ Holdings's Price to Tangible Book Ratio of today is 0.24.

The historical rank and industry rank for MJ Holdings's Price-to-Tangible-Book or its related term are showing as below:

MJNE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.15 Med: 14.02 Max: 500
Current: 0.21

During the past 13 years, MJ Holdings's highest Price to Tangible Book Ratio was 500.00. The lowest was 0.15. And the median was 14.02.

MJNE's Price-to-Tangible-Book is ranked better than
98.28% of 871 companies
in the Drug Manufacturers industry
Industry Median: 2.41 vs MJNE: 0.21

A closely related ratio is called PB Ratio. As of today, MJ Holdings's share price is $0.00615. MJ Holdings's Book Value per Sharefor the quarter that ended in Sep. 2023 was $0.03. Hence, MJ Holdings's P/B Ratio of today is 0.24.

MJ Holdings Price-to-Tangible-Book Historical Data

The historical data trend for MJ Holdings's Price-to-Tangible-Book 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.

MJ Holdings Price-to-Tangible-Book Chart

MJ Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

Get a 7-Day Free Trial

26.50

9.66

5.00

18.92

MJ Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															14.28	18.92	-	1.45	0.77

Competitive Comparison of MJ Holdings's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, MJ Holdings's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

MJ Holdings's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, MJ Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where MJ Holdings's Price-to-Tangible-Book falls into.

MJ Holdings Price-to-Tangible-Book Calculation

MJ Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.00615	/	0.026
	=	0.24

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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

Be Aware

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

MJ Holdings Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of MJ Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

MJ Holdings (MJ Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » MJ Holdings Inc (OTCPK:MJNE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

5730 Sky Pointe Dr., Suite 102, Las Vegas, NV, USA, 89130

Website

https://www.mjholdingsinc.com

MJ Holdings Inc engages in the provision of consulting and operating services to the regulated cannabis industry. It provides a full spectrum of infrastructure, cultivation management, production management, distribution consulting, and operating services to cultivation and production operators.

Executives

Paris Balaouras	director, 10 percent owner, officer: Chief Cultivation Officer	212 DESERT VIEW, LAS VEGAS NV 89107
David C. Dear	director	101 COLUMNS CIRCLE, SHELBY NC 28150
Bernard Thomas Moyle	officer: Chief Financial Officer	201 W NORTH RIVER DR. #100, SPOKANE WA 99201
Roger James Bloss	officer: Chief Executive Officer	201 W NORTH RIVER DR. #100, SPOKANE WA 99201
Terrence Mcgill Tierney	officer: President	245 E 54TH STREET, #9S, NEW YORK NY 10022
Rsgroberg Consulting Llc	officer: President	1256 PANINI DRIVE, ATTN: RICHARD GROBERG, HENDERSON NV 89052