P/E ratio for Canada Goose (GOOS)
P/E ratio as of May 2024 (TTM): 31.3
According to Canada Goose 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.3338. At the end of 2022 the company had a P/E ratio of 40.7.
P/E ratio history for Canada Goose from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 40.7 | -13.44% |
| 2021 | 47.0 | -20.29% |
| 2020 | 58.9 | 78.22% |
| 2019 | 33.1 | -25.81% |
| 2018 | 44.6 | -30.47% |
| 2017 | 64.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Inditex IDEXY | 30.3 | -3.38% | 🇪🇸 Spain |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.