Nova Cannabis Inc.

Nova Cannabis Inc.verified

NVACF

Price:

$1.27

Market Cap:

$107.10M

Nova Cannabis Inc. engages in the operation of retail cannabis stores with a focus on the recreational-use cannabis market in Canada. As of March 31, 2022, the company operated 78 cannabis stores in Alberta, Ontario, and Saskatchewan. The company is headquartered in Edmonton, Canada. Nova Cannabis Inc. is a subsidiary of Alcanna Inc.[Read more]

Industry

Medical - Pharmaceuticals

IPO Date

2021-03-24

Stock Exchange

PNK

Ticker

NVACF

The PE Ratio as of September 2024 (TTM) for Nova Cannabis Inc. (NVACF) is 31.75

According to Nova Cannabis Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 31.75. This represents a change of -665.98% compared to the average of -5.61 of the last 4 quarters.

Nova Cannabis Inc. (NVACF) Historical PE Ratio (quarterly & annually)

How has NVACF PE Ratio performed in the past?

The mean historical PE Ratio of Nova Cannabis Inc. over the last ten years is -1.20. The current 31.75 PE Ratio has changed -265368.10% with respect to the historical average. Over the past ten years (40 quarters), NVACF's PE Ratio was at its highest in in the December 2023 quarter at 29.30. The PE Ratio was at its lowest in in the June 2020 quarter at -363.59.

Quarterly (TTM)
Annual

Average

-1.20

Median

-1.50

Minimum

-7.06

Maximum

16.95

Nova Cannabis Inc. (NVACF) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Nova Cannabis 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 = 457.71%

Maximum Annual PE Ratio = 16.95

Minimum Annual Increase = -381.25%

Minimum Annual PE Ratio = -7.06

Quarterly (TTM)
Annual
YearPE RatioChange
202316.95-381.25%
2022-6.03-14.65%
2021-7.06371.06%
2020-1.50-76.11%
2019-6.28457.71%
2018-1.13-69.54%
2017-3.69159.61%
2016-1.42130.17%

Nova Cannabis Inc. (NVACF) Average PE Ratio

How has NVACF PE Ratio performed in the past?

The current PE Ratio of Nova Cannabis Inc. (NVACF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.29

5-year avg

-0.78

10-year avg

-1.20

Nova Cannabis Inc. (NVACF) PE Ratio vs. Peers

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

Nova Cannabis Inc.’s PE Ratio is greater than GABY Inc. (-0.68), greater than HealthWarehouse.com, Inc. (-2.85), greater than Fire & Flower Holdings Corp. (-0.08), greater than Leafly Holdings, Inc. (-0.67), greater than Leafly Holdings, Inc. (-0.67), greater than TRxADE HEALTH, Inc. (-0.41), greater than SunLink Health Systems, Inc. (-0.76), greater than Kiaro Holdings Corp. (-0.02),

Build a custom stock screener for Nova Cannabis Inc. (NVACF) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Nova Cannabis Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Nova Cannabis Inc. (NVACF) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Nova Cannabis Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the PE Ratio?

How can you use the PE Ratio?

What is Nova Cannabis Inc.'s PE Ratio?

How is the PE Ratio calculated for Nova Cannabis Inc. (NVACF)?

What is the highest PE Ratio for Nova Cannabis Inc. (NVACF)?

What is the 3-year average PE Ratio for Nova Cannabis Inc. (NVACF)?

What is the 5-year average PE Ratio for Nova Cannabis Inc. (NVACF)?

How does the current PE Ratio for Nova Cannabis Inc. (NVACF) compare to its historical average?