Price to Book Ratio .27 - way undervalued Let me know if my math is off, or at least close. US$ market cap is 106 million, Shareholder/Stock Equity is US $389 million (based on q1 financials). 106 / 389 is .27. P/B ratio of 1 is where a stock should be at, and we are not even close? We should be 3.5 x our current price so $1.54.
I would think very similar to Harvest Health in market cap. Revenue is pretty equal, shareholder equity is equal. Quick Ratio is pretty equal. Shares outstanding equal. Both on the CSE.
Harvest Health posted a loss for the quarter but we didn't.
Just doesn't make sense why we are at the price we are at?