Tilray Brands (TSX:TLRY) Shiller PE Ratio: (As of Sep. 13, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:TLRY Tilray Brands Inc TSX:TLRY
54 GF Score
Price C$5.56
GF Value C$16.43
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Tilray Brands Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tilray Brands  (TSX:TLRY) 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.


Tilray Brands Shiller PE Ratio Related Terms


Tilray Brands Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Tilray Brands'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.

Tilray Brands Shiller PE Ratio Chart

Tilray Brands Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Tilray Brands Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.00 0.00 0.00 0.00 0.00

TSX:TLRY vs AQST, EOLS, IRWD: Shiller PE Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Tilray Brands'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.


Tilray Brands Shiller PE Ratio vs Drug Manufacturers Industry

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

* The bar in red indicates where Tilray Brands's Shiller PE Ratio falls into.


TSX:TLRY
54GF Score
Tilray Brands Inc TSX:TLRY
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tilray Brands 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.

Tilray Brands's E10 for the quarter that ended in May. 2026 is calculated as:

For example, Tilray Brands's adjusted earnings per share data for the three months ended in May. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=-0.59/134.0005*134.0005
=-0.590

Current CPI (May. 2026) = 134.0005.

Tilray Brands Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201608 0.118 101.686 0.155
201611 0.119 101.607 0.157
201702 0.474 102.476 0.620
201705 -0.379 103.108 -0.493
201708 1.192 103.108 1.549
201711 0.474 103.740 0.612
201802 0.941 104.688 1.204
201805 -0.621 105.399 -0.790
201808 1.078 106.031 1.362
201811 2.611 105.478 3.317
201902 -5.155 106.268 -6.500
201905 -0.835 107.927 -1.037
201908 0.829 108.085 1.028
201911 -0.357 107.769 -0.444
202002 0.237 108.559 0.293
202005 -4.146 107.532 -5.167
202008 -1.191 108.243 -1.474
202011 -5.360 108.796 -6.602
202102 -13.077 109.745 -15.967
202105 2.183 111.404 2.626
202108 -1.008 112.668 -1.199
202111 -0.005 113.932 -0.006
202202 1.144 115.986 1.322
202205 -11.573 120.016 -12.922
202208 -1.679 120.569 -1.866
202211 -1.480 121.675 -1.630
202302 -25.563 122.070 -28.061
202305 -2.028 124.045 -2.191
202308 -1.348 125.389 -1.441
202311 -0.959 125.468 -1.024
202402 -1.620 125.468 -1.730
202405 -0.547 127.601 -0.574
202408 -0.546 127.838 -0.572
202411 -1.383 127.838 -1.450
202502 -12.426 128.786 -12.929
202505 -18.027 129.813 -18.609
202508 0.000 130.208 0.000
202511 -0.576 130.682 -0.591
202602 -0.328 131.077 -0.335
202605 -0.590 134.001 -0.590

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.

Is Tilray Brands (TSX:TLRY) Overvalued in 2026?

Based on GuruFocus' analysis, Tilray Brands stock appears to be undervalued. The current stock price of C$5.56 is trading 66.2% below its estimated GF Value™ of C$16.43. GuruFocus considers Tilray Brands to be Possible Value Trap.

Key valuation signals for TSX:TLRY:

  • Shiller PE Ratio:
  • GF Value™: C$16.43 vs. price of C$5.56 (66.2% below fair value)
  • GF Score™: 54/100 with 3 warning signs

No single metric tells the full story. See the TSX:TLRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tilray Brands Business Description

Address 265 Talbot Street West, Leamington, ON, CAN, N8H 5L4
Tilray is a Canadian producer that cultivates and sells medical and recreational cannabis. In 2021, legacy Aphria acquired legacy Tilray in a reverse merger and renamed itself Tilray. The bulk of its sales are in Canada and in the international medical cannabis export market. US exposure comes mainly from alcohol.
54GF Score

Get the complete analysis for TSX:TLRY

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$5.56
Price
C$16.43
GF Value