RE:RE:PE ratio- didn't think it could be negativeThanks!
Daredevil1964 wrote: The metrics of the PE ratio can vary per reporting firm. Some look ahead 12 months, some look behind 12 months. Some companies do not even report it. It is an indication that the company is losing money, but, that is not always the full story behind the number. It is important to watch, however,it is best to look at other indicators as well. That is why it is so important to read financial statements to get the whole story.
Aphria is sitting on some money and can last 2 tears roughly. It is turning profitable and some other moneys are coming in. There is still the remainder of GGB's balance due in November.