High Tide (HITI) Price to Book (2021 - 2026)
High Tide's Price to Book was 2.86 in fiscal Q2 2026 (quarter ended Apr 30, 2026), up 46.7% from 1.95 a year earlier and up 8.2% from the prior quarter.
High Tide (HITI) Price to Book (2021 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Price to Book at High Tide came in at 3.70, up 73.5% from FY2024.
- Price to Book has now increased for three consecutive fiscal years.
- In earlier fiscal years, Price to Book was 2.13 in FY2024 (+105.1%), 1.04 in FY2023 (+26.2%), 0.82 in FY2022 (-57.1%) and 1.92 in FY2021.
- Quarterly Price to Book has moved between 0.39 (fiscal Q3 2022) and 3.66 (fiscal Q4 2025) over five years.
- Compared with a year earlier, Price to Book has increased for three straight quarters, with growth averaging 56.6% over the last six quarters.
- The best year-over-year quarter for Price to Book over five years was fiscal Q4 2024 (growth of 104.7%); the worst was fiscal Q4 2022 (a decline of 55.6%).
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 | High Tide | 229.43 Mn | 127.72 Mn | 34.98 Mn |
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 2.86 |
| Jan 31, 2026 | 2.65 |
| Oct 31, 2025 | 3.66 |
| Apr 30, 2025 | 1.95 |
| Jan 31, 2025 | 2.21 |
| Oct 31, 2024 | 2.14 |
| Apr 30, 2024 | 1.55 |
| Jan 31, 2024 | 1.29 |
| Oct 31, 2023 | 1.04 |
| Apr 30, 2023 | 0.78 |
| Jan 31, 2023 | 0.94 |
| Oct 31, 2022 | 0.85 |
| Jul 31, 2022 | 0.39 |
| Apr 30, 2022 | 1.01 |
| Jan 31, 2022 | 1.23 |
| Oct 31, 2021 | 1.92 |
| Jul 31, 2021 | 0.84 |
| Apr 30, 2021 | 1.45 |
High Tide 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=HITI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "HITI", "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=HITI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();