Ascend Wellness Holdings (AAWH) Price to Book (2021 - 2025)
Ascend Wellness Holdings' Price to Book was 54.23 in Q3 2025, compared with 2.00 a year earlier.
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Analysis
Ascend Wellness Holdings (AAWH) Price to Book (2021 - 2025) Analysis & Trends
For FY2024, Price to Book at Ascend Wellness Holdings came in at 1.11, down 23.1% from FY2023.
- In earlier years, Price to Book was 1.45 in FY2023 (+9.4%), 1.32 in FY2022 (-79.3%) and 6.39 in FY2021.
- The Q3 2025 figure marks the highest quarterly Price to Book in data going back to Q2 2021.
- Compared with a year earlier, Price to Book was higher in five of the last seven quarters, with growth averaging 34.7%.
- The best year-over-year quarter for Price to Book over five years was Q2 2024 (growth of 116.3%); the worst was Q2 2022 (a decline of 79.9%).
- Per Business Quant data, AAWH's Price to Book in the three quarters before Q3 2025 was 2.31 (Q2 2025), 1.36 (Q1 2025) and 1.11 (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 292.24 Bn | 273.81 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 121.70 Bn | 100.85 Bn | - |
| 3 | Altria | 112.46 Bn | 98.66 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.67 Bn | 2.27 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.06 Bn | 674.09 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.30 Bn | 155.26 Mn | 137.87 Mn |
| 8 | Cronos | 1.19 Bn | -2.03 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.12 Bn | 246.72 Mn | 93.70 Mn |
| 10 | Ascend Wellness Holdings | 211.17 Mn | -88.87 Mn | 45.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 54.23 |
| Jun 30, 2025 | 2.31 |
| Mar 31, 2025 | 1.36 |
| Dec 31, 2024 | 1.11 |
| Sep 30, 2024 | 2.00 |
| Jun 30, 2024 | 1.66 |
| Mar 31, 2024 | 2.01 |
| Dec 31, 2023 | 1.45 |
| Sep 30, 2023 | 1.21 |
| Jun 30, 2023 | 0.77 |
| Mar 31, 2023 | 1.20 |
| Dec 31, 2022 | 1.32 |
| Sep 30, 2022 | 1.97 |
| Jun 30, 2022 | 1.93 |
| Mar 31, 2022 | 4.42 |
| Dec 31, 2021 | 6.39 |
| Sep 30, 2021 | 8.77 |
| Jun 30, 2021 | 9.60 |
API Access
Ascend Wellness Holdings Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=AAWH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "AAWH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=AAWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();