Canopy Growth Corporation (CGC) P/E Ratio History
Historical price-to-earnings valuation from 2015 to 2020
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CGC Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, Canopy Growth Corporation (CGC) trades at a price-to-earnings ratio of -0.3x, with a stock price of $1.13 and trailing twelve-month earnings per share of $-0.95.
The current P/E is 100% below its 5-year average of 2637.9x. Over the past five years, CGC's P/E has ranged from a low of 273.4x to a high of 5002.3x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Healthcare sector median P/E of 22.3x, CGC trades at a 101% discount to its sector peers. The sector includes 241 companies with P/E ratios ranging from 0.0x to 177.5x.
Relative to the broader market, CGC trades at a notable discount to the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our CGC DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
CGC P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $195M | 164.4 | - | +102%Best | |
| $2B | 14.4Lowest | 3.85 | -29% | |
| $391M | 28.8 | 0.86Best | +51% | |
| $18M | 18.7 | - | -75% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
CGC Historical P/E Data (2015–2020)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2020 Q2 | Wed Sep 30 2020 00:00:00 GM | $143.20 | $0.52 | 273.4x | -90% |
| FY2015 Q3 | $21.51 | $0.00 | 5002.3x | +90% |
Average P/E for displayed period: 2637.9x
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Start ComparisonCGC — Frequently Asked Questions
Quick answers to the most common questions about buying CGC stock.
Is CGC stock overvalued or undervalued?
CGC trades at -0.3x P/E, below its 5-year average of 2637.9x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does CGC's valuation compare to peers?
Canopy Growth Corporation P/E of -0.3x compares to sector median of 22.3x. The discount suggests lower growth expectations or higher risk.
What is CGC's PEG ratio?
CGC PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2015-2020.