Tilray Price Earnings To Growth Ratio from 2010 to 2024
TLRY Stock | USD 1.93 0.05 2.53% |
Price Earnings To Growth Ratio | First Reported 2010-12-31 | Previous Quarter 26.89236474 | Current Value 28.24 | Quarterly Volatility 15.79242096 |
Check Tilray financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tilray main balance sheet or income statement drivers, such as Interest Expense of 12.9 M, Selling General Administrative of 173.4 M or Other Operating Expenses of 845.5 M, as well as many exotic indicators such as Price To Sales Ratio of 1.8, Dividend Yield of 0.0 or PTB Ratio of 305. Tilray financial statements analysis is a perfect complement when working with Tilray Valuation or Volatility modules.
Tilray | Price Earnings To Growth Ratio |
Latest Tilray's Price Earnings To Growth Ratio Growth Pattern
Below is the plot of the Price Earnings To Growth Ratio of Tilray Inc over the last few years. It is Tilray's Price Earnings To Growth Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tilray's overall financial position and show how it may be relating to other accounts over time.
Price Earnings To Growth Ratio | 10 Years Trend |
|
Price Earnings To Growth Ratio |
Timeline |
Tilray Price Earnings To Growth Ratio Regression Statistics
Arithmetic Mean | 1.32 | |
Coefficient Of Variation | 1,199 | |
Mean Deviation | 7.89 | |
Median | (0.02) | |
Standard Deviation | 15.79 | |
Sample Variance | 249.40 | |
Range | 72.3716 | |
R-Value | 0.46 | |
Mean Square Error | 211.47 | |
R-Squared | 0.21 | |
Significance | 0.08 | |
Slope | 1.63 | |
Total Sum of Squares | 3,492 |
Tilray Price Earnings To Growth Ratio History
About Tilray Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Tilray income statement, its balance sheet, and the statement of cash flows. Tilray investors use historical funamental indicators, such as Tilray's Price Earnings To Growth Ratio, to determine how well the company is positioned to perform in the future. Although Tilray investors may use each financial statement separately, they are all related. The changes in Tilray's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Tilray's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Tilray Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Tilray. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Price Earnings To Growth Ratio | 26.89 | 28.24 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Tilray Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tilray's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tilray Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tilray Inc Stock:Check out the analysis of Tilray Correlation against competitors. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Tilray Stock analysis
When running Tilray's price analysis, check to measure Tilray's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tilray is operating at the current time. Most of Tilray's value examination focuses on studying past and present price action to predict the probability of Tilray's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tilray's price. Additionally, you may evaluate how the addition of Tilray to your portfolios can decrease your overall portfolio volatility.
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |
Is Tilray's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tilray. If investors know Tilray will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tilray listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.44) | Revenue Per Share 1.042 | Quarterly Revenue Growth 0.294 | Return On Assets (0.02) | Return On Equity (0.1) |
The market value of Tilray Inc is measured differently than its book value, which is the value of Tilray that is recorded on the company's balance sheet. Investors also form their own opinion of Tilray's value that differs from its market value or its book value, called intrinsic value, which is Tilray's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tilray's market value can be influenced by many factors that don't directly affect Tilray's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tilray's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tilray is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tilray's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.