Cronos P/E
What is the P/E of Cronos?
The P/E of Cronos Group, Inc. is N/A
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Health Care sector on TSX compared to Cronos
What does Cronos do?
Cronos Group Inc. operates as a cannabinoid company. It manufactures, markets, and distributes hemp-derived supplements and cosmetic products through e-commerce, retail, and hospitality partner channels under the Lord Jones and Happy Dance brands in the United States. The company is also involved in the cultivation, manufacture, and marketing of cannabis and cannabis-derived products for the medical and adult-use markets. It sells cannabis and cannabis products, including dried cannabis, pre-rolls, and cannabis extracts through wholesale and direct-to-client channels under its wellness platform, PEACE NATURALS; and operates under two adult-use brands, COVE and Spinach. The company also exports dried cannabis and cannabis oils to Germany, Israel, and Australia. Cronos Group Inc. was founded in 2012 and is based in Toronto, Canada.
Companies with p/e similar to Cronos
- Silicon Laboratories Inc has P/E of N/A
- Lepidico has P/E of N/A
- Algonquin Power & Utilities has P/E of N/A
- Cornerstone Capital Resources has P/E of N/A
- Champion Real Estate Investment Trust has P/E of N/A
- Stabilis has P/E of N/A
- Cronos has P/E of N/A
- Albemarle has P/E of N/A
- Jiangsu Bioperfectus Technologies Co has P/E of N/A
- BrainChip Ltd has P/E of N/A
- Malvern International plc has P/E of N/A
- Ionis Pharmaceuticals Inc has P/E of N/A
- Vitro Diagnostics has P/E of N/A