Trulieve Cannabis
TRUL.CN
#3409
Rank
$2.41 B
Marketcap
$13.10
Share price
-0.94%
Change (1 day)
-60.81%
Change (1 year)
Categories

P/E ratio for Trulieve Cannabis (TRUL.CN)

P/E ratio at the end of 2018: 27.1

According to Trulieve Cannabis 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.3929. At the end of 2018 the company had a P/E ratio of 27.1.

P/E ratio history for Trulieve Cannabis from 2018 to 2018

PE ratio at the end of each year

Year P/E ratio Change
201827.1

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.