WestBond Enterprises (TSXV:WBE) Price-to-Tangible-Book : 0.62 (As of May. 20, 2024)

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What is WestBond Enterprises Price-to-Tangible-Book?

As of today (2024-05-20), WestBond Enterprises's share price is C$0.135. WestBond Enterprises's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.22. Hence, WestBond Enterprises's Price to Tangible Book Ratio of today is 0.62.

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

TSXV:WBE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.58 Med: 0.89 Max: 3.84
Current: 0.61

During the past 13 years, WestBond Enterprises's highest Price to Tangible Book Ratio was 3.84. The lowest was 0.58. And the median was 0.89.

TSXV:WBE's Price-to-Tangible-Book is ranked better than
73.02% of 278 companies
in the Forest Products industry
Industry Median: 1.04 vs TSXV:WBE: 0.61

A closely related ratio is called PB Ratio. As of today, WestBond Enterprises's share price is C$0.135. WestBond Enterprises's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.22. Hence, WestBond Enterprises's P/B Ratio of today is 0.62.

WestBond Enterprises Price-to-Tangible-Book Historical Data

The historical data trend for WestBond Enterprises'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.

WestBond Enterprises Price-to-Tangible-Book Chart

WestBond Enterprises Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.11

1.08

3.84

1.53

1.05

WestBond Enterprises Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.36	1.05	1.01	0.82	0.62

Competitive Comparison of WestBond Enterprises's Price-to-Tangible-Book

For the Paper & Paper Products subindustry, WestBond Enterprises'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.

WestBond Enterprises's Price-to-Tangible-Book Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, WestBond Enterprises's Price-to-Tangible-Book distribution charts can be found below:

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

WestBond Enterprises Price-to-Tangible-Book Calculation

WestBond Enterprises's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.135	/	0.219
	=	0.62

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.

WestBond Enterprises Price-to-Tangible-Book Related Terms

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

WestBond Enterprises (TSXV:WBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » WestBond Enterprises Corp (TSXV:WBE) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

WBNEF:USA

Address

7403 Progress Way, Unit 101, Delta, BC, CAN, V4G 1E7

Website

https://www.westbond.ca

WestBond Enterprises Corp is mainly engaged in manufacturing and selling disposable paper products for medical, hygienic, and industrial uses. The company operates in a single segment of Disposable Paper Products. Its products are categorized under Personal hygiene, Clinical, Long-term care, Non-clinical air-laid, and Other products. The company's product pipeline includes examination table paper, dental bibs, sheets, pillowcases, gowns, aprons, Jumbo Roll Bathroom Tissue, Conventional Bathroom Tissue, Towels such as Center Pull, Kraft Roll, and Single Fold, Roll Air Laid Wipes, among others.

WestBond Enterprises (TSXV:WBE) Headlines

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