Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. It engages in the cultivation, processing, wholesale, and retail distribution of cannabis in Arizona, Arkansas, California, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Missouri, Nevada, New Jersey, Ohio, Pennsylvania, and West Virginia. The company offers artisanal cannabis products under the Encore, Avexia, MUV, and Verano brands for medical and adult-use markets. As of May 10, 2022, it operated 96 retail dispensaries, and 13 cultivation and processing facilities. The company is headquartered in Chicago, Illinois.
P/B ratio for Verano Holdings Corp. (VRNOF)
P/B ratio as of 2023: 1.24
According to Verano Holdings Corp.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.24. At the end of 2022 the company had a P/B ratio of 0.77.
P/B ratio history for Verano Holdings Corp. from 2019 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.24 |
| 2022 | 0.77 |
| 2021 | 3.10 |
| 2020 | -40995.80 |
| 2019 | -113664.25 |