According to Green Thumb Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -162.667. At the end of 2022 the company had a P/E ratio of 177.
Year | P/E ratio | Change |
---|---|---|
2022 | 177 | 172.14% |
2021 | 65.1 | -81.37% |
2020 | 349 | -1205.86% |
2019 | -31.6 | |
2016 | -1.17 | -50.37% |
2015 | -2.35 | 1096.68% |
2014 | -0.1967 | -55.01% |
2013 | -0.4371 | 449.85% |
2012 | -0.0795 | -80.83% |
2011 | -0.4147 | -22.61% |
2010 | -0.5358 | -83.67% |
2009 | -3.28 | 74.16% |
2008 | -1.88 | -91.84% |
2007 | -23.1 | -76.27% |
2006 | -97.4 | 208.47% |
2005 | -31.6 | 600.14% |
2004 | -4.51 |
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.