Green Thumb Industries (GTII.CN)

P/B ratio as of November 2024 : 1.38

According to Green Thumb Industries's latest financial reports the company has a price-to-book ratio of 2.181.
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.

Green Thumb Industries - P/B ratio (from 2004 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.58	25.32%
2022-12-31	1.26	-59.58%
2021-12-31	3.11	-45.37%
2020-12-31	5.70	137.53%
2019-12-31	2.40	-34.11%
2018-12-31	3.64	-269.64%
2017-12-31	-2.15	-31.34%
2016-12-31	-3.13	-641.11%
2015-12-31	0.5777	-26.46%
2014-12-31	0.7856	265.39%
2013-12-31	0.2150	3.28%
2012-12-31	0.2082	61.35%
2011-12-31	0.1290	-71.81%
2010-12-31	0.4576	75.61%
2009-12-31	0.2606	40.29%
2008-12-31	0.1857	-88.03%
2007-12-31	1.55	-79.55%
2006-12-31	7.59	91.69%
2005-12-31	3.96	116.36%
2004-12-31	1.83	-11.6%
2003-12-31	2.07

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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Green Thumb Industries (GTII.CN) - P/B ratio