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Pure Harvestorate Group (Pure Harvestorate Group) Tangible Book per Share : $-0.07 (As of Mar. 2022)


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What is Pure Harvestorate Group Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Pure Harvestorate Group's tangible book value per share for the quarter that ended in Mar. 2022 was $-0.07.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Pure Harvestorate Group Tangible Book per Share Historical Data

The historical data trend for Pure Harvestorate Group's Tangible Book per Share 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.

Pure Harvestorate Group Tangible Book per Share Chart

Pure Harvestorate Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
Tangible Book per Share
-0.01 - 0.09 - -0.08

Pure Harvestorate Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Tangible Book per Share 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 -0.02 -0.05 -0.04 -0.08 -0.07

Competitive Comparison of Pure Harvestorate Group's Tangible Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Pure Harvestorate Group'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.


Pure Harvestorate Group's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Pure Harvestorate Group's Price-to-Tangible-Book falls into.



Pure Harvestorate Group Tangible Book per Share Calculation

Pure Harvestorate Group's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2021 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-1.159-0.539-3.873)/72.7621
=-0.08

Pure Harvestorate Group's Tangible Book Value Per Share for the quarter that ended in Mar. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.907-0.539-3.873)/74.7621
=-0.07

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Pure Harvestorate Group  (OTCPK:PHCG) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Pure Harvestorate Group Tangible Book per Share Related Terms

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Pure Harvestorate Group (Pure Harvestorate Group) Business Description

Traded in Other Exchanges
N/A
Address
8879 Forest Drive, Littleton, CO, USA, 80126
The Pure Harvest Corporate Group, Inc. (OTCQB: PHCG) is a publicly-traded holding company focused on emerging and high-growth industries. The PHCG team is committed to formulating, manufacturing, and distributing high-quality cannabis and hemp-derived cannabinoid consumer products in markets where it is legal to do so. The Company has developed numerous retail brands and product lines that are currently available for purchase in select markets. Pure Harvest intends to grow its cannabis, hemp-derived cannabinoids, and Test Kitchen operations and expand globally as the laws regarding cannabis are reviewed and rewritten to repeal their prohibition.