Converge Technology Solutions Corp.

Converge Technology Solutions Corp.verified

CTS.TO

Price:

$3.37

Market Cap:

$650.63M

Converge Technology Solutions Corp., through its subsidiaries, distributes storage devices and systems, computer products, software, and peripherals. The company also provides installation and maintenance; analytics, hybrid cloud, infrastructure, and cybersecurity services; cloud delivery, compute efficiency, network optimization, and IT spend optimization solutions; and IT professional services, such as data center infrastructure integration and solutioning, and cloud optimization. In addition, it offers business continuity, managed, cognitive, and cybersecurity solutions; IT portfolio management, and consulting services; and multi-site IT deployments, and ISV/OEM solutions. Further, the co...[Read more]

Industry

Information Technology Services

IPO Date

2018-11-13

Stock Exchange

TSX

Ticker

CTS.TO

The PE Ratio as of December 2024 (TTM) for Converge Technology Solutions Corp. (CTS.TO) is -4.11

According to Converge Technology Solutions Corp.’s latest financial reports and current stock price. The company's current PE Ratio is -4.11. This represents a change of -91.06% compared to the average of -45.97 of the last 4 quarters.

Converge Technology Solutions Corp. (CTS.TO) Historical PE Ratio (quarterly & annually)

How has CTS.TO PE Ratio performed in the past?

The mean historical PE Ratio of Converge Technology Solutions Corp. over the last ten years is -70.81. The current -4.11 PE Ratio has changed 480.46% with respect to the historical average. Over the past ten years (40 quarters), CTS.TO's PE Ratio was at its highest in in the June 2021 quarter at 427.27. The PE Ratio was at its lowest in in the March 2017 quarter at -1081.08.

Quarterly (TTM)
Annual

Average

-70.81

Median

-1.13

Minimum

-590.89

Maximum

123.41

Converge Technology Solutions Corp. (CTS.TO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Converge Technology Solutions Corp. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.13%

Maximum Annual PE Ratio = 123.41

Minimum Annual Increase = -Infinity%

Minimum Annual PE Ratio = -590.89

Quarterly (TTM)
Annual
YearPE RatioChange
2023-590.89-1748.15%
202235.85-70.95%
2021123.41-200.70%
2020-122.551.13%
2019-10.00415.25%
2018-1.94496.42%
2017-0.33-Infinity%

Converge Technology Solutions Corp. (CTS.TO) Average PE Ratio

How has CTS.TO PE Ratio performed in the past?

The current PE Ratio of Converge Technology Solutions Corp. (CTS.TO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-143.88

5-year avg

-112.84

10-year avg

-70.81

Converge Technology Solutions Corp. (CTS.TO) PE Ratio vs. Peers

How is CTS.TO’s PE Ratio compared to its peers?

Converge Technology Solutions Corp.’s PE Ratio is greater than Dye & Durham Limited (-7.75), less than Nuvei Corporation (202.47), less than Docebo Inc. (83.67), less than Topicus.com Inc. (96.16), less than goeasy Ltd. (9.77),

CompanyPE RatioMarket cap
-7.75$1.32B
202.47$6.81B
83.67$2.15B
96.16$10.14B
9.77$2.71B

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