Canopy Growth (NAS:CGC) Shiller PE Ratio

: (As of Today)

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Shiller PE for Stocks: The True Measure of Stock Valuation

Canopy Growth Shiller PE Ratio Historical Data

The historical data trend for Canopy Growth's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Canopy Growth Annual Data

Trend

Jul13

Dec14

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Shiller PE Ratio

Canopy Growth Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Shiller PE Ratio																-	-	-	-	-

Competitive Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Canopy Growth's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Annual Data Quarterly Data

Canopy Growth Shiller PE Ratio Distribution

For the Drug Manufacturers industry and Healthcare sector, Canopy Growth's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Canopy Growth's Shiller PE Ratio falls in comparison to its industry or sector. The grey bar indicates the Shiller PE Ratio's extreme value range as defined by GuruFocus.

Canopy Growth Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Canopy Growth's E10 for the quarter that ended in Jun. 2023 is calculated as:

For example, Canopy Growth's adjusted earnings per share data for the three months ended in Jun. 2023 was:

Adj_EPS	=	Earnings per Share (Diluted)	/	CPI of Jun. 2023 (Change)	*	Current CPI (Jun. 2023)
	=	-0.053	/	124.2033	*	124.2033
	=	-0.053

Current CPI (Jun. 2023) = 124.2033.

Canopy Growth Quarterly Data

	Earnings per Share (Diluted)	CPI	Adj_EPS
201304	-0.005	96.945	-0.006
201307	-0.038	97.261	-0.049
201310	-0.005	97.182	-0.006
201401	-0.027	97.261	-0.034
201406	-0.027	99.473	-0.034
201409	-0.054	99.394	-0.067
201412	-0.061	98.367	-0.077
201506	0.016	100.500	0.020
201509	0.038	100.421	0.047
201512	-0.029	99.947	-0.036
201603	-0.053	101.054	-0.065
201606	-0.031	102.002	-0.038
201609	0.038	101.765	0.046
201612	0.015	101.449	0.018
201703	-0.075	102.634	-0.091
201706	-0.045	103.029	-0.054
201709	-0.008	103.345	-0.010
201712	0.008	103.345	0.010
201803	-0.255	105.004	-0.302
201806	-0.305	105.557	-0.359
201809	-1.166	105.636	-1.371
201812	-0.283	105.399	-0.333
201903	-0.733	106.979	-0.851
201906	-0.406	107.690	-0.468
201909	0.189	107.611	0.218
201912	-0.197	107.769	-0.227
202003	-2.686	107.927	-3.091
202006	-0.221	108.401	-0.253
202009	-0.068	108.164	-0.078
202012	-1.897	108.559	-2.170
202103	-1.472	110.298	-1.658
202106	0.687	111.720	0.764
202109	-0.024	112.905	-0.026
202112	-0.219	113.774	-0.239
202203	-1.153	117.646	-1.217
202206	-4.092	120.806	-4.207
202209	-0.352	120.648	-0.362
202212	-0.397	120.964	-0.408
202303	-0.935	122.702	-0.946
202306	-0.053	124.203	-0.053

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Canopy Growth (NAS:CGC) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.

Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.

Canopy Growth Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Canopy Growth's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Canopy Growth (NAS:CGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Canopy Growth Corp (NAS:CGC) » Definitions » Shiller PE Ratio

Comparable Companies

Traded in Other Exchanges

11L1:Germany 11L1:Germany 11L1:Germany WEED:Canada

Address

1 Hershey Drive, Smiths Falls, ON, CAN, K7A 0A8

Website

https://www.canopygrowth.com

Canopy Growth, headquartered in Smiths Falls, Canada, cultivates and sells medicinal and recreational cannabis, and hemp, through a portfolio of brands that include Doja, 7ACRES, Tweed, and Deep Space. Its non-THC products include sports drink BioSteel, skincare products under This Works, Martha Stewart CBD, and Storz & Bickel vaporizers. Canopy growth is attempting to merge its U.S. assets into a separately operated holding company, Canopy USA, which will not be consolidated into the Canadian company's financials.

Executives

Christelle Gedeon	officer: See Remarks	3 HOLLYHOCK COURT, TORONTO Z4 M3B 0B4
Garth Hankinson	director	C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
Hong Judy Eun Joo	officer: See Remarks	1 HERSHEY DRIVE, SMITHS FALLS Z4 K7A 0A8
Greenstar Ii Holdings Llc	10 percent owner	207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
Greenstar Ii Llc	10 percent owner	207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
Grant Julious C. Jr	officer: Chief Commercial Officer	1 HERSHEY DRIVE, SMITHS FALLS A6 K7A 0A8
Sabia James A. Jr.	director	C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
Greenstar Canada Investment Limited Partnership	10 percent owner	1055 WEST HASTINGS STREET, SUITE 1700, VANCOUVER A1 V6E 2E9
Constellation Brands Canada Holdings Ulc	10 percent owner	QUEEN'S MARQUE, 600-1741 LOWER WATER STREET, HALIFAX A5 B3J 0J2
Theresa Yanofsky	director	1 HERSHEY DRIVE, SMITHS FALLS A6 K7A 0A8
Thomas Carlton Stewart	officer: See Remarks	1 HERSHEY DRIVE, SMITHS FALLS A6 K7A 0A8
Tomas Iv Shipley	officer: See Remarks	1 HERSHEY DRIVE, SMITHS FALLS A6 K7A 0A8
Cbg Holdings Llc	10 percent owner	207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
Constellation Capital Llc	10 percent owner	207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
Greenstar Canada Investment Corp	10 percent owner	1055 WEST HASTINGS STREET, SUITE 1700, VANCOUVER A1 V6E 2E9