Canada Goose Holdings Overview
Valuation check: GOOS's P/E ratio is 19.42, above the Consumer Cyclical sector average of 7.89.
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The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
Canada Goose Holdings posts a P/E ratio of 19.42. That is above the Consumer Cyclical sector average of 7.89. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
For Consumer Cyclical stocks, a P/E ratio near 7.89 is typical. Canada Goose Holdings's 19.42 is higher that level. That is roughly 146.0% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Canada Goose Holdings's P/E ratio of 19.42 comes from dividing a price-based measure by a related financial statistic. Changes can come from the stock price moving, the underlying fundamental shifting, or both. Track both the level and the trend — a rising multiple on falling fundamentals is a different story than a rising multiple on rising earnings.
Context for GOOS's P/E ratio usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 7.89), and (3) consistency with growth and profitability. This page covers the first two; Canada Goose Holdings's other metric pages and overview cover the third.
Judging Canada Goose Holdings against Consumer Cyclical peers is usually better than using a market-wide rule of thumb. Business models inside Consumer Cyclical are more comparable, which makes gaps in P/E ratio easier to interpret. Start with 19.42 here, then scan peer and history charts to see if the gap is persistent.
