Canopy Growth Corporation (CGC) P/E Ratio History
Deep ValueTrading at -1.6x · 0th percentile of 5-year range · Significant discount to historical valuation · Data 2015–2020
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P/E Ratio Analysis
As of June 22, 2026, Canopy Growth Corporation (CGC) trades at a price-to-earnings ratio of -1.6x, with a stock price of $0.97 and trailing twelve-month earnings per share of $-0.74.
The current P/E is 100% below its 5-year average of 1775.9x. Over the past five years, CGC's P/E has ranged from a low of 52.0x 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 22.1x, CGC trades at a 107% discount to its sector peers. The sector includes 234 companies with P/E ratios ranging from 0.0x to 197.0x.
Relative to the broader market, CGC trades at a notable discount to the S&P 500 median P/E of 24.4x. 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 Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
CGC P/E vs Peers
Cannabis and cannabinoid product companies peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $2B | 15.2Lowest | 4.05 | -29% | |
| $389M | 28.6 | 0.85Best | +51%Best | |
| $67M | 21.5 | - | -77% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
CGC Historical P/E Data (2015–2020)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2020 Q2 | Sep 30 2020 | $143.20 | $0.52 | 273.4x | -85% |
| FY2020 Q1 | - | $161.60 | $3.11 | 52.0x | -97% |
| FY2015 Q3 | - | $21.51 | $0.00 | 5002.3x | +182% |
Average P/E for displayed period: 1775.9x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
11+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
CGC — Frequently Asked Questions
Quick answers to the most common questions about buying CGC stock.
What is CGC's P/E ratio?
Canopy Growth Corporation (CGC) trailing twelve-month P/E ratio is -1.6x, based on TTM diluted EPS of $-0.74. The 5-year average P/E is 1775.9x and the historical range spans 52.0x to 5002.3x.
Is CGC stock overvalued or undervalued?
CGC trades at -1.6x P/E, below its 5-year average of 1775.9x. At the 0th percentile of its historical range (52.0x–5002.3x), the stock is priced at a discount to its own history.
Is CGC stock expensive?
No, CGC is not expensive on a historical basis. The current P/E of -1.6x is below the 5-year average of 1775.9x and sits at the 0th percentile of its valuation range.
What is CGC's historical P/E range?
Over the past 5 years, CGC's P/E ratio has ranged from 52.0x to 5002.3x, with a median of 273.4x and an average of 1775.9x. The current P/E of -1.6x places the stock at the 0th percentile of this range. Full historical data spans 2015–2020.
How does CGC's P/E compare to the S&P 500?
CGC trades at -1.6x P/E versus the S&P 500 median of 24.4x. The 107% discount to the market suggests lower growth expectations or perceived higher risk.
How does CGC's valuation compare to Healthcare peers?
Canopy Growth Corporation P/E of -1.6x compares to the Healthcare sector median of 22.1x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is CGC's PEG ratio?
CGC PEG ratio is N/A, based on a P/E of -1.6x and EPS growth of 84.1%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is CGC's earnings yield?
CGC earnings yield is N/A, the inverse of its -1.6x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.