Cronos Group Inc. operates as a cannabinoid company. It manufactures, markets, and distributes hemp-derived supplements and cosmetic products through e-commerce, retail, and hospitality partner channels under the Lord Jones and Happy Dance brands in the United States. The company is also involved in the cultivation, manufacture, and marketing of cannabis and cannabis-derived products for the medical and adult-use markets. It sells cannabis and cannabis products, including dried cannabis, pre-rolls, edibles, concentrates, and cannabis extracts through wholesale and direct-to-client channels under its wellness platform, PEACE NATURALS; and operates under adult-use brands, Spinach. It also exports dried cannabis and cannabis oils to Germany, Israel, and Australia. Cronos Group Inc. was founded in 2012 and is based in Toronto, Canada.
P/B ratio for Cronos Group Inc. (CRON)
P/B ratio as of 2023: 0.72
According to Cronos Group Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.72. At the end of 2022 the company had a P/B ratio of 0.82.
P/B ratio history for Cronos Group Inc. from 2013 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.72 |
| 2022 | 0.82 |
| 2021 | 1.09 |
| 2020 | 1.40 |
| 2019 | 1.95 |
| 2018 | 15.95 |
| 2017 | 20.02 |
| 2016 | 4.62 |
| 2015 | 1.36 |
| 2014 | 3.21 |
| 2013 | 11.27 |