Thinkific Labs Inc (TO:THNC) — Market Cap & Net Worth
Market Cap & Net Worth: Thinkific Labs Inc (THNC)
Thinkific Labs Inc (TO:THNC) has a market capitalization of $77.57 Million (CA$107.24 Million) as of May 4, 2026. Listed on the TO stock exchange, this Canada-based company holds position #20169 globally and #696 in its home market, demonstrating a 3.27% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Thinkific Labs Inc's stock price CA$1.58 by its total outstanding shares 67870416 (67.87 Million). Analyse Thinkific Labs Inc operating cash flow efficiency to see how efficiently the company converts income to cash.
Thinkific Labs Inc Market Cap History: 2021 to 2026
Thinkific Labs Inc's market capitalization history from 2021 to 2026. Data shows change from $437.45 Million to $77.57 Million (-36.66% CAGR).
Thinkific Labs Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Thinkific Labs Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
1.28x
Thinkific Labs Inc's market cap is 1.28 times its annual revenue
Latest Price to Earnings (P/E) Ratio
72.62x
Thinkific Labs Inc's market cap is 72.62 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2021 | $437.45 Million | $38.12 Million | -$28.44 Million | 11.48x | N/A |
| 2022 | $92.30 Million | $51.48 Million | -$41.90 Million | 1.79x | N/A |
| 2023 | $158.09 Million | $59.05 Million | -$9.78 Million | 2.68x | N/A |
| 2024 | $146.80 Million | $66.94 Million | -$237.00K | 2.19x | N/A |
| 2025 | $95.25 Million | $74.47 Million | $1.31 Million | 1.28x | 72.62x |
Competitor Companies of THNC by Market Capitalization
Companies near Thinkific Labs Inc in the global market cap rankings as of May 4, 2026.
Key companies related to Thinkific Labs Inc by market ranking:
- SAP SE (F:SAPA): Ranked #101 globally with a market cap of $200.15 Billion USD ( €171.20 Billion EUR).
- Shopify Inc (NYSE:SHOP): Ranked #106 globally with a market cap of $196.94 Billion USD.
- SAP SE (F:SAP): Ranked #107 globally with a market cap of $196.39 Billion USD ( €167.98 Billion EUR).
- Salesforce.com Inc (NYSE:CRM): Ranked #137 globally with a market cap of $160.09 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #101 | SAP SE | F:SAPA | $200.15 Billion | €147.00 |
| #106 | Shopify Inc | NYSE:SHOP | $196.94 Billion | $161.08 |
| #107 | SAP SE | F:SAP | $196.39 Billion | €144.24 |
| #137 | Salesforce.com Inc | NYSE:CRM | $160.09 Billion | $183.82 |
Thinkific Labs Inc Historical Marketcap From 2021 to 2026
Between 2021 and today, Thinkific Labs Inc's market cap moved from $437.45 Million to $ 77.57 Million, with a yearly change of -36.66%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$77.57 Million | -18.56% |
| 2025 | CA$95.25 Million | -35.12% |
| 2024 | CA$146.80 Million | -7.14% |
| 2023 | CA$158.09 Million | +71.28% |
| 2022 | CA$92.30 Million | -78.90% |
| 2021 | CA$437.45 Million | -- |
End of Day Market Cap According to Different Sources
On May 3rd, 2026 the market cap of Thinkific Labs Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $77.57 Million USD |
| MoneyControl | $77.57 Million USD |
| MarketWatch | $77.57 Million USD |
| marketcap.company | $77.57 Million USD |
| Reuters | $77.57 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Thinkific Labs Inc
Thinkific Labs Inc. engages in the development, marketing, and support management of cloud-based platform in Canada, the United States, and internationally. Its platform enables entrepreneurs and established businesses to create, market, sell, and deliver online courses and other learning products. The company was incorporated in 2012 and is headquartered in Vancouver, Canada.