Verano Holdings (VRNOF)

P/B ratio as of December 2024 : 0.3822

According to Verano Holdings's latest financial reports the company has a price-to-book ratio of 0.518528.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Verano Holdings - P/B ratio (from 2021 to 2021)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	0.4223	-65.97%
2023-12-31	1.24	64.54%
2022-12-31	0.7543	-65.51%
2021-12-31	2.19
2020-12-31	N/A
2019-12-31	N/A

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Verano Holdings (VRNOF) - P/B ratio