GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Canopy Growth Corp (STU:11L) » Definitions » Shiller PE Ratio

Canopy Growth (STU:11L) Shiller PE Ratio : (As of Jan. 18, 2025)


View and export this data going back to 2018. Start your Free Trial

What is Canopy Growth Shiller PE Ratio?

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.

* Premium members only.

Canopy Growth Shiller PE Ratio Chart

Canopy Growth Annual Data
Trend Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Canopy Growth Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Canopy Growth's Shiller PE Ratio

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.


Canopy Growth's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

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 into.



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 Sep. 2024 is calculated as:

For example, Canopy Growth's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.984/127.2847*127.2847
=-0.984

Current CPI (Sep. 2024) = 127.2847.

Canopy Growth Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 -0.423 99.394 -0.542
201412 -0.492 98.367 -0.637
201506 0.144 100.500 0.182
201509 0.336 100.421 0.426
201512 -0.268 99.947 -0.341
201603 -0.475 101.054 -0.598
201606 -0.276 102.002 -0.344
201609 0.340 101.765 0.425
201612 0.142 101.449 0.178
201703 -0.698 102.634 -0.866
201706 -0.402 103.029 -0.497
201709 -0.068 103.345 -0.084
201712 0.066 103.345 0.081
201803 -2.069 105.004 -2.508
201806 -2.609 105.557 -3.146
201809 -9.994 105.636 -12.042
201812 -2.486 105.399 -3.002
201903 -6.486 106.979 -7.717
201906 -3.596 107.690 -4.250
201909 1.714 107.611 2.027
201912 -1.777 107.769 -2.099
202003 -24.311 107.927 -28.671
202006 -1.966 108.401 -2.308
202009 -0.578 108.164 -0.680
202012 -15.594 108.559 -18.284
202103 -12.364 110.298 -14.268
202106 5.705 111.720 6.500
202109 -0.201 112.905 -0.227
202112 -1.936 113.774 -2.166
202203 -10.471 117.646 -11.329
202206 -38.715 120.806 -40.791
202209 -4.695 120.648 -4.953
202212 -3.711 120.964 -3.905
202303 -8.737 122.702 -9.063
202306 -0.479 124.203 -0.491
202309 -2.998 125.230 -3.047
202312 -1.791 125.072 -1.823
202403 -0.483 126.258 -0.487
202406 -1.085 127.522 -1.083
202409 -0.984 127.285 -0.984

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  (STU:11L) 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 Business Description

Traded in Other Exchanges
Address
1 Hershey Drive, Smiths Falls, ON, CAN, K7A 0A8
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 skincare products under Martha Stewart CBD and Storz & Bickel vaporizers. Canopy growth merged its US assets into a separately operated holding company, Canopy USA, which will not be consolidated into the Canadian company's financials.

Canopy Growth Headlines

No Headlines