Delta 9 Cannabis Forward P/E
What is the Forward P/E of Delta 9 Cannabis?
The Forward P/E of Delta 9 Cannabis Inc. is 30.03
What is the definition of Forward P/E?
Forward price to earnings ratio is the ratio of a company’s stock price to the company’s estimated earnings per share for the next twelve months.
The forward price to earnings ratio is similar to trailing price to earnings ratio but instead of net income uses estimated net earnings over next 12 months. Estimates are typically derived as the mean of those published by a select group of analysts with selection criteria varying. The forward price-to-earnings ratio is a powerful, but limited tool. It allows a quick snapshot of the company’s finances without getting down in the details of an accounting report.
Forward P/E of companies in the Health Care sector on TSX compared to Delta 9 Cannabis
What does Delta 9 Cannabis do?
Delta 9 Cannabis Inc. operates as an integrated cannabis company. The company, through its subsidiary, Delta 9 Bio-Tech Inc., engages in the cultivation, processing, extraction, wholesale distribution, retail, and sale of medical and recreational cannabis and related merchandise and devices. As of August 24, 2021, it owned and operated 13 retail stores under the Delta 9 brand name. Delta 9 Cannabis Inc. was founded in 2012 and is headquartered in Winnipeg, Canada.
Companies with forward p/e similar to Delta 9 Cannabis
- Sanne plc has Forward P/E of 29.94
- Kansas City Southern has Forward P/E of 29.94
- The Reject Shop has Forward P/E of 29.94
- Tata Motors has Forward P/E of 29.94
- Starbucks has Forward P/E of 29.97
- American States Water Co has Forward P/E of 29.97
- Delta 9 Cannabis has Forward P/E of 30.03
- Poly Medicure has Forward P/E of 30.06
- RLJ Lodging Trust has Forward P/E of 30.06
- BJ`s Restaurant has Forward P/E of 30.11
- Quarterhill has Forward P/E of 30.12
- Regency Centers has Forward P/E of 30.12
- Zoetis Inc has Forward P/E of 30.12