High Tide Inc.

High Tide Inc.verified

HITI

Price:

$1.96

Market Cap:

$213.95M

High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. The company designs, manufactures, and distributes smoking accessories and cannabis lifestyle products. It is also involved in the wholesale and retailing of cannabis products, as well as operates and franchises licensed retail cannabis stores. In addition, the company provides data analytics services, as well as operates Grasscity.com and CBDcity.com platforms. As of August 4, 2022, it operated 139 retail locations in Ontario, Alberta, British Columbia, Manitoba, and Saskatchewan. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in...[Read more]

Industry

Medical - Pharmaceuticals

IPO Date

2021-01-08

Stock Exchange

NASDAQ

Ticker

HITI

The PE Ratio as of September 2024 (TTM) for High Tide Inc. (HITI) is -5.76

According to High Tide Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -5.76. This represents a change of -99.13% compared to the average of -662.43 of the last 4 quarters.

High Tide Inc. (HITI) Historical PE Ratio (quarterly & annually)

How has HITI PE Ratio performed in the past?

The mean historical PE Ratio of High Tide Inc. over the last ten years is 24.65. The current -5.76 PE Ratio has changed -2436.76% with respect to the historical average. Over the past ten years (40 quarters), HITI's PE Ratio was at its highest in in the January 2018 quarter at 50.46. The PE Ratio was at its lowest in in the April 2024 quarter at -2491.95.

Quarterly (TTM)
Annual

Average

24.65

Median

-2.82

Minimum

-14.83

Maximum

232.05

High Tide Inc. (HITI) PE Ratio by Quarter and Year

Discovering the peaks and valleys of High Tide Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 11.32%

Maximum Annual PE Ratio = 232.05

Minimum Annual Increase = -106.39%

Minimum Annual PE Ratio = -14.83

Quarterly (TTM)
Annual
YearPE RatioChange
2023-3.80115.82%
2022-1.76-79.64%
2021-8.6644.27%
2020-6.00227.07%
2019-1.83-87.63%
2018-14.83-106.39%
2017232.0511.32%

High Tide Inc. (HITI) Average PE Ratio

How has HITI PE Ratio performed in the past?

The current PE Ratio of High Tide Inc. (HITI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-4.74

5-year avg

-4.41

10-year avg

24.65

High Tide Inc. (HITI) PE Ratio vs. Peers

How is HITI’s PE Ratio compared to its peers?

High Tide Inc.’s PE Ratio is less than Leafly Holdings, Inc. (-0.68), less than Nova Cannabis Inc. (33.58), less than TRxADE HEALTH, Inc. (-0.35), less than SunLink Health Systems, Inc. (-0.74), less than Kiaro Holdings Corp. (-0.02), less than GABY Inc. (-0.68), less than Leafly Holdings, Inc. (-0.68), less than China Jo-Jo Drugstores, Inc. (-0.60), less than MedAvail Holdings, Inc. (-0.09), less than BIMI International Medical Inc. (-0.04), greater than PetMed Express, Inc. (-20.09), less than Rite Aid Corporation (-0.02),

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