Glass House Brands Inc
OTC:GLASF

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Glass House Brands Inc
OTC:GLASF
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Price: 10.56 USD 9.2% Market Closed
Market Cap: $647.6m

P/B

3.7
Current
89%
More Expensive
vs 3-y average of 2

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
3.7
=
Market Cap
$520.7m
/
Total Equity
$173.9m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
3.7
=
Market Cap
$520.7m
/
Total Equity
$173.9m

Valuation Scenarios

Glass House Brands Inc is trading above its 3-year average

If P/B returns to its 3-Year Average (2), the stock would be worth $5.59 (47% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-56%
Maximum Upside
No Upside Scenarios
Average Downside
47%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 3.7 $10.56
0%
3-Year Average 2 $5.59
-47%
5-Year Average 1.6 $4.67
-56%
Industry Average 1.8 $5.03
-52%
Country Average 2.5 $7.13
-33%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in the United States of America
Percentile
63rd
Based on 10 946 companies
63rd percentile
3.7
Low
0 — 1.5
Typical Range
1.5 — 4.8
High
4.8 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 1.5
Median 2.5
70th Percentile 4.8
Max 147 580.5

Glass House Brands Inc
Glance View

Market Cap
647.6m USD
Industry
Consumer products

Glass House Brands, Inc. operates as a vertically integrated cannabis brand-building business. The company is headquartered in Long Beach, California and currently employs 362 full-time employees. The company went IPO on 2021-07-26. The Company, through its subsidiaries, cultivates, manufactures, and distributes cannabis bulk flower and trim to wholesalers and cannabis-related consumer packaged goods (CPG) to third-party retail stores in the state of California. The firm also owns and operates retail cannabis stores in the state of California. The firm operates multiple greenhouse cultivation facilities located in Carpinteria and Camarillo, California, and its manufacturing production facility is located in Lompoc, California. Its portfolio of brands includes Glass House Farms, PLUS Products, Allswell and Mama Sue Wellness. PLUS Products include PLUS Classic Gummies, Sleep +CBN, +Functional Gummies, and Solventless Hash Gummies. Its retail landscape consists of 10 stores positioned across California, including the pottery, farmacy, and natural healing center (NHC).

GLASF Intrinsic Value
5.65 USD
Overvaluation 46%
Intrinsic Value
Price $10.56
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