Green Thumb Industries
GTII.CN
#3687
Rank
$2.73 B
Marketcap
$11.52
Share price
-0.57%
Change (1 day)
49.44%
Change (1 year)
Categories

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

P/E ratio as of July 2024 (TTM): -129

According to Green Thumb Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -128.756. At the end of 2022 the company had a P/E ratio of 177.

P/E ratio history for Green Thumb Industries from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022177172.14%
202165.1-81.37%
2020349-1205.86%
2019-31.6
2016-1.17-50.37%
2015-2.351096.68%
2014-0.1967-55.01%
2013-0.4371449.85%
2012-0.0795-80.83%
2011-0.4147-22.61%
2010-0.5358-83.67%
2009-3.2874.16%
2008-1.88-91.84%
2007-23.1-76.27%
2006-97.4208.47%
2005-31.6600.14%
2004-4.51

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.