TerrAscend Corp. cultivates, processes, and sells medical and adult use cannabis in Canada and the United States. It produces and distributes hemp-derived wellness products to retail locations; and manufactures cannabis infused artisan edibles. The company also operates three retail dispensaries under the Apothecarium brand name in California and Pennsylvania. In addition, it owns various synergistic under Gage Cannabis, Ilera Healthcare, Kind Tree, Prism, State Flower, Valhalla Confections, and Arise Bioscience Inc. brands. As of July 26, 2022, the company operated 27 dispensaries, including 3 Cookies dispensaries in Michigan and 1 in Toronto. TerrAscend Corp. was incorporated in 2017 and is headquartered in Mississauga, Canada.
P/B ratio for TerrAscend Corp. (TRSSF)
P/B ratio as of 2023: 2099.80
According to TerrAscend Corp.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2099.80. At the end of 2022 the company had a P/B ratio of 0.87.
P/B ratio history for TerrAscend Corp. from 2016 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 2099.80 |
| 2022 | 0.87 |
| 2021 | 5.71 |
| 2020 | 0.00 |
| 2019 | 5.58 |
| 2018 | 13.21 |
| 2017 | 2.30 |
| 2016 | 36.56 |