Green Thumb Industries
GTII.CN
#3424
Rank
$2.39 B
Marketcap
$10.13
Share price
0.15%
Change (1 day)
-68.77%
Change (1 year)
Categories

P/E ratio for Green Thumb Industries (GTII.CN)

P/E ratio as of August 2022 (TTM): 24.7

According to Green Thumb Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.7073. At the end of 2021 the company had a P/E ratio of 65.1.

P/E ratio history for Green Thumb Industries from 2004 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202165.1
2018-0.3473-52.43%
2017-0.7301
2007-23.1

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.