OUR 9TH YEAR OF PROVIDING PROPRIETARY CAPITAL MARKETS INTELLIGENCE ON THE CANNABIS / HEMP / PSYCHEDELIC SECTORS
OUR 9TH YEAR OF PROVIDING PROPRIETARY CAPITAL MARKETS INTELLIGENCE ON THE CANNABIS / HEMP / PSYCHEDELIC SECTORS
Home » Week of 5/6/24-5/10/24
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Weekly Sector Valuation—Psychedelics improved a bit this week. Although the median market-to-book ratio of the 22 sector companies actually declined from 1.23x to 1.08x, both the lower quartile and 3rd quartile numbers improved, signaling an overall upward shift. Similarly, the median market to tangible Book value and associated quartiles all lifted from last week. Median EV/annualized revenue, for the eight companies with revenue increased from 1.00x to 1.14x.
Weekly Sector Valuation—Psychedelics improved a bit this week. Although the median market-to-book ratio of the 22 sector companies actually declined from 1.23x to 1.08x, both the lower quartile and 3rd quartile numbers improved, signaling an overall upward shift. Similarly, the median market to tangible Book value and associated quartiles all lifted from last week. Median EV/annualized revenue, for the eight companies with revenue increased from 1.00x to 1.14x.
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