In trying to determine the current valuation of Cannabis One Holdings Inc. (CNSX:CBIS) shares, we note that the Book to Market ratio of the shares stands at 0.015506. It’s commonly accepted that a Book to Market ratio greater than one indicates that the shares might be undervalued. The book to market ratio has some limitations in certain industries however where intangible assets (such as knowledge) often are not represented on a balance sheet. The ratio is calculated by dividing the market price per share by book value per share.
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Cannabis One Holdings Inc. (CNSX:CBIS) presently has a current ratio of 2.18. The current ratio, also known as the working capital ratio, is a liquidity ratio that displays the proportion of current assets of a business relative to the current liabilities. The ratio is simply calculated by dividing current liabilities by current assets. The ratio may be used to provide an idea of the ability of a certain