HITI
Price:
$3.14
Market Cap:
$363.04M
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
According to High Tide Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -11.21. This represents a change of -98.26% compared to the average of -643.02 of the last 4 quarters.
The mean historical PE Ratio of High Tide Inc. over the last ten years is 28.65. The current -11.21 PE Ratio has changed -4012.55% with respect to the historical average. Over the past ten years (40 quarters), HITI's PE Ratio was at its highest in in the July 2024 quarter at 72.04. The PE Ratio was at its lowest in in the April 2024 quarter at -2495.79.
Average
28.65
Median
-2.82
Minimum
-16.63
Maximum
265.78
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 = 11.78%
Maximum Annual PE Ratio = 265.78
Minimum Annual Increase = -106.26%
Minimum Annual PE Ratio = -16.63
Year | PE Ratio | Change |
---|---|---|
2023 | -3.76 | 114.48% |
2022 | -1.75 | -79.71% |
2021 | -8.65 | 41.13% |
2020 | -6.13 | 225.14% |
2019 | -1.88 | -88.67% |
2018 | -16.63 | -106.26% |
2017 | 265.78 | 11.78% |
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
-4.72
5-year avg
-4.44
10-year avg
28.65
High Tide Inc.’s PE Ratio is less than Leafly Holdings, Inc. (-0.83), less than Nova Cannabis Inc. (34.18), less than TRxADE HEALTH, Inc. (-0.42), less than SunLink Health Systems, Inc. (-7.41), less than Kiaro Holdings Corp. (-0.02), less than GABY Inc. (0), less than Leafly Holdings, Inc. (-0.83), less than China Jo-Jo Drugstores, Inc. (-0.72), less than MedAvail Holdings, Inc. (-0.05), less than BIMI International Medical Inc. (-0.03), greater than PetMed Express, Inc. (-108.44), less than Rite Aid Corporation (-0.03),
Company | PE Ratio | Market cap |
---|---|---|
-0.83 | $5.41M | |
34.18 | $78.47M | |
-0.42 | $13.28M | |
-7.41 | $5.42M | |
-0.02 | $223.99K | |
0 | $2.66M | |
-0.83 | $5.38M | |
-0.72 | $11.98M | |
-0.05 | $2.91M | |
-0.03 | $139.61K | |
-108.44 | $104.76M | |
-0.03 | $36.76M |
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