1933 Industries - Stock

1933 Industries P/E 2024

1933 Industries P/E

-0.51

Ticker

TGIF.CN

ISIN

CA65442F1053

WKN

A2N61A

As of Jul 1, 2024, 1933 Industries's P/E ratio was -0.51, a -19.05% change from the -0.63 P/E ratio recorded in the previous year.

The 1933 Industries P/E history

1933 Industries Aktienanalyse

What does 1933 Industries do?

1933 Industries Inc is a diversified cannabis company specializing in the production of high-quality cannabis products for medical and recreational use. The company was founded in 2013 in Vancouver, Canada and is now headquartered in Las Vegas, Nevada. The company's history dates back to a group of visionaries who believed that the legalization of cannabis in North America would usher in a new era of business. They recognized early on that the market for cannabis products would offer tremendous growth opportunities and founded 1933 Industries Inc to capitalize on the potential of this emerging market. The business model of 1933 Industries Inc is focused on producing and marketing a wide range of high-quality cannabis products. The company operates several divisions, including cannabis production, hemp product manufacturing, accessory sales, and retail operations. Cannabis production is one of the core divisions of 1933 Industries Inc. The company operates multiple facilities in North America where it cultivates and processes various strains of cannabis. The facilities are equipped with the latest technologies to ensure product quality and maximize production efficiency. Hemp product manufacturing is another important division of 1933 Industries Inc. The company utilizes the entire hemp plant to produce various products such as CBD tinctures, hemp bags, hemp oils, and hemp creams. These products are all geared towards the medical market and are known for their positive impact on health. In addition, 1933 Industries Inc also operates retail stores in strategic locations in North America. These stores offer a wide range of cannabis products tailored to the needs of different target audiences. The stores are well positioned to serve the growing interest in cannabis products and provide a unique shopping experience for customers. In addition to selling cannabis and hemp products, 1933 Industries Inc also operates an online shop where customers can purchase accessories and other products. The online shop offers a wide range of products, including vaporizers, pipes, water pipes, and other accessories. It is an integral part of 1933 Industries Inc's business model, providing customers with an easy way to order and purchase products. Overall, 1933 Industries Inc offers a wide range of products and services for the cannabis market. The company has a strong position in the industry and has established itself as one of the leading providers of quality products. With a strong focus on innovation and quality, it is clear that the company will continue to play an important role in the industry in the future. 1933 Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering 1933 Industries's P/E Ratio

The Price to Earnings (P/E) Ratio of 1933 Industries is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing 1933 Industries's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of 1933 Industries is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in 1933 Industries’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about 1933 Industries Stock

What is the price-to-earnings ratio of 1933 Industries?

The price-earnings ratio of 1933 Industries is currently -0.51.

How has the price-earnings ratio of 1933 Industries changed compared to last year?

The price-to-earnings ratio of 1933 Industries has increased by -19.05% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of 1933 Industries high compared to other companies?

Yes, the price-to-earnings ratio of 1933 Industries is high compared to other companies.

How does an increase in the price-earnings ratio of 1933 Industries affect the company?

An increase in the price-earnings ratio of 1933 Industries would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of 1933 Industries affect the company?

A decrease in the price-earnings ratio of 1933 Industries would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of 1933 Industries?

Some factors that influence the price-earnings ratio of 1933 Industries are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does 1933 Industries pay?

Over the past 12 months, 1933 Industries paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, 1933 Industries is expected to pay a dividend of 0 CAD.

What is the dividend yield of 1933 Industries?

The current dividend yield of 1933 Industries is .

When does 1933 Industries pay dividends?

1933 Industries pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of 1933 Industries?

1933 Industries paid dividends every year for the past 0 years.

What is the dividend of 1933 Industries?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is 1933 Industries located?

1933 Industries is assigned to the 'Health' sector.

Wann musste ich die Aktien von 1933 Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of 1933 Industries from 7/1/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 7/1/2024.

When did 1933 Industries pay the last dividend?

The last dividend was paid out on 7/1/2024.

What was the dividend of 1933 Industries in the year 2023?

In the year 2023, 1933 Industries distributed 0 CAD as dividends.

In which currency does 1933 Industries pay out the dividend?

The dividends of 1933 Industries are distributed in CAD.

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Andere Kennzahlen von 1933 Industries

Our stock analysis for 1933 Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of 1933 Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.