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Cannagistics Stock

Cannagistics P/E 2024

Cannagistics P/E

-0.34

Ticker

CNGT

ISIN

US13767H1086

WKN

A2PKXR

As of Oct 1, 2024, Cannagistics's P/E ratio was -0.34, a -53.42% change from the -0.73 P/E ratio recorded in the previous year.

The Cannagistics P/E history

Cannagistics Aktienanalyse

What does Cannagistics do?

Cannagistics Inc is a company that specializes in the cultivation, processing, and distribution of legal hemp products. The company was founded in 2015 and is based in San Francisco, California. The establishment of Cannagistics Inc is in response to the growing demand for legal hemp products, especially after the legalization of cannabis in several US states. Cannagistics Inc specializes in producing and marketing high-quality hemp products and offers a wide range of products. The company produces and sells hemp oil, hemp seeds, hemp protein powder, hemp tea, e-liquids for e-cigarettes, and CBD tinctures. The focus is on products with high CBD content, as they are considered particularly effective in treating various conditions. The company works closely with hemp farms and processors to ensure that all products are of the highest quality. Cannagistics Inc controls the entire manufacturing process, from cultivating the hemp plants to the final processing of the products. The company ensures transparency regarding the origin and composition of the products and has an excellent reputation for its high standards of quality and purity. Cannagistics Inc is divided into various business areas. One area is the cultivation of hemp plants on its own farms and in collaboration with partners. The farms are operated according to the highest standards for organic cultivation, and the hemp plants are carefully selected and bred to ensure high CBD levels. Another business area is the processing of hemp products. The company operates a modern processing facility where the hemp plants are processed into various products. Here, the hemp plants are processed and processed using state-of-the-art technology to unleash their optimal effects. Another important business area is the sale of hemp products to consumers. Cannagistics Inc distributes its products online and through wholesale to retailers and other companies that use hemp products, such as cosmetics and food manufacturers. Cannagistics Inc has experienced strong expansion in recent years, and the company plans for further growth in the future. The company plans to expand its product line by introducing new products and improving existing ones. Furthermore, Cannagistics Inc plans to enter new markets in the near future to expand the distribution of its products. Overall, Cannagistics Inc holds a strong position in the hemp product market and has an excellent reputation for its products and business model. The company places great importance on quality, transparency, and innovation, and these values have helped it become one of the leading companies in its industry in a short period of time. Cannagistics ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Cannagistics's P/E Ratio

The Price to Earnings (P/E) Ratio of Cannagistics 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 Cannagistics'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 Cannagistics 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 Cannagistics’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 Cannagistics stock

What is the price-to-earnings ratio of Cannagistics?

The price-earnings ratio of Cannagistics is currently -0.34.

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

The price-to-earnings ratio of Cannagistics has increased by -53.42% 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 Cannagistics high compared to other companies?

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

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

An increase in the price-earnings ratio of Cannagistics 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 Cannagistics affect the company?

A decrease in the price-earnings ratio of Cannagistics 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 Cannagistics?

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

How much dividend does Cannagistics pay?

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

What is the dividend yield of Cannagistics?

The current dividend yield of Cannagistics is .

When does Cannagistics pay dividends?

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

How secure is the dividend of Cannagistics?

Cannagistics paid dividends every year for the past 0 years.

What is the dividend of Cannagistics?

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

In which sector is Cannagistics located?

Cannagistics is assigned to the 'Industry' sector.

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

To receive the latest dividend of Cannagistics from 10/1/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/1/2024.

When did Cannagistics pay the last dividend?

The last dividend was paid out on 10/1/2024.

What was the dividend of Cannagistics in the year 2023?

In the year 2023, Cannagistics distributed 0 USD as dividends.

In which currency does Cannagistics pay out the dividend?

The dividends of Cannagistics are distributed in USD.

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Andere Kennzahlen von Cannagistics

Our stock analysis for Cannagistics 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 Cannagistics Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.