Modern Plant Based Foods Inc.

Modern Plant Based Foods Inc.verified

MEAT.CN

Price:

$0.26

Market Cap:

$1.03M

Modern Plant Based Foods Inc., a food company, develops and distributes plant-based meat alternative products in Canada and the United States. The company offers plant-based products, including meat and dairy-free alternatives, soups, and vegan snacks under the Modern Meat, KitsKitchen, Snacks From The Sun, and Modern Wellness Bar brands. It offers its products through retail supermarkets, natural grocers, and independents, as well as e-commerce platforms. The company was formerly known as Modern Meat Inc. and changed its name to Modern Plant Based Foods Inc. on February 2021. Modern Plant Based Foods Inc. is headquartered in Vancouver, Canada.[Read more]

Industry

Packaged Foods

IPO Date

1996-08-08

Stock Exchange

CNQ

Ticker

MEAT.CN

The PE Ratio as of November 2024 (TTM) for Modern Plant Based Foods Inc. (MEAT.CN) is -0.33

According to Modern Plant Based Foods Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -0.33. This represents a change of -99.09% compared to the average of -36.45 of the last 4 quarters.

Modern Plant Based Foods Inc. (MEAT.CN) Historical PE Ratio (quarterly & annually)

How has MEAT.CN PE Ratio performed in the past?

The mean historical PE Ratio of Modern Plant Based Foods Inc. over the last ten years is -35.76. The current -0.33 PE Ratio has changed -7.72% with respect to the historical average. Over the past ten years (40 quarters), MEAT.CN's PE Ratio was at its highest in in the October 2019 quarter at 105.31. The PE Ratio was at its lowest in in the October 2017 quarter at -687.50.

Quarterly (TTM)
Annual

Average

-35.76

Median

-11.33

Minimum

-189.67

Maximum

10.04

Modern Plant Based Foods Inc. (MEAT.CN) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Modern Plant Based Foods 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 = 998.51%

Maximum Annual PE Ratio = 10.04

Minimum Annual Increase = -295.62%

Minimum Annual PE Ratio = -189.67

Quarterly (TTM)
Annual
YearPE RatioChange
2023-0.98-93.01%
2022-13.96-87.75%
2021-113.96-39.92%
2020-189.67998.51%
2019-17.27-12.09%
2018-19.64-295.62%
201710.04-215.43%
2016-8.70363.81%
2015-1.8815.47%
2014-1.62-84.27%

Modern Plant Based Foods Inc. (MEAT.CN) Average PE Ratio

How has MEAT.CN PE Ratio performed in the past?

The current PE Ratio of Modern Plant Based Foods Inc. (MEAT.CN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-42.96

5-year avg

-67.16

10-year avg

-35.76

Modern Plant Based Foods Inc. (MEAT.CN) PE Ratio vs. Peers

How is MEAT.CN’s PE Ratio compared to its peers?

Modern Plant Based Foods Inc.’s PE Ratio is less than Eat & Beyond Global Holdings Inc. (-0.04), less than PlantX Life Inc. (-0.08), greater than Burcon NutraScience Corporation (-2.69), greater than TAAT Global Alternatives Inc. (-0.77), greater than Victory Square Technologies Inc. (-0.72),

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