TerrAscend (TSND.TO)

P/B ratio as of December 2025 : 2.07

According to TerrAscend's latest financial reports the company has a price-to-book ratio of 0.718705.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

TerrAscend - P/B ratio (from 2021 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	N/A	-100%
2024-12-31	1.21	-49.76%
2023-12-31	2.42	110.65%
2022-12-31	1.15	-76.66%
2021-12-31	4.91	-95.76%
2020-12-31	116	3434.03%
2019-12-31	3.28	-41.81%
2018-12-31	5.63	114.71%
2017-12-31	2.62
2016-12-31	N/A

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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TerrAscend (TSND.TO) - P/B ratio