TCX vs GSHR

Comparison between Tucows Inc - Class A (TCX, Company) and Gesher Acquisition Corp II - Class A (GSHR, Company).

TCX is from the Technology sector, while GSHR is from the Financial Services sector.

TCX vs GSHR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TCX(COMPANY)	GSHR(COMPANY)
Market Cap	$157M	$157M
Max Drawdown	98.68%	0.82%
Sharpe Ratio	-0.05	-0.22
5Y Beta	0.95	0.00
Industry	Software - Infrastructure	Shell Companies
P/E Ratio	-1.99	34.14
Forward P/E	30.49	N/A
PEG Ratio	1.89	N/A
Debt to Equity	0.00%	0.00%
Free Cash Flow Yield	-7.71%	-0.70%
P/S Ratio	0.41	N/A
P/B Ratio	19.94	1.48

Market Cap

Winner

TCX

$157M

GSHR

$157M

Max Drawdown

TCX

98.68%

Winner

GSHR

0.82%

Sharpe Ratio

Winner

TCX

-0.05

GSHR

-0.22

5Y Beta

TCX

0.95

Winner

GSHR

0.00

Industry

TCX

Software - Infrastructure

GSHR

Shell Companies

P/E Ratio

Winner

TCX

-1.99

GSHR

34.14

Forward P/E

TCX

30.49

GSHR

N/A

PEG Ratio

TCX

1.89

GSHR

N/A

Debt to Equity

TCX

0.00%

GSHR

0.00%

Free Cash Flow Yield

TCX

-7.71%

Winner

GSHR

-0.70%

P/S Ratio

TCX

0.41

GSHR

N/A

P/B Ratio

TCX

19.94

Winner

GSHR

1.48

TCX vs GSHR - Historical Returns

Returns include dividend reinvestment.

Period	TCX	GSHR
1 month	+10.44%	+0.38%
3 months	-6.57%	+1.45%
6 months	-34.59%	+1.35%
1 year	-21.70%	+3.24%
5 years(CAGR)	-28.93%	N/A
10 years(CAGR)	-7.02%	N/A
Max(CAGR)	-0.81%	+4.19%

Winner

TCX

+10.44%

GSHR

+0.38%

TCX

-6.57%

Winner

GSHR

+1.45%

TCX

-34.59%

Winner

GSHR

+1.35%

TCX

-21.70%

Winner

GSHR

+3.24%

5Y(CAGR)

TCX

-28.93%

GSHR

N/A

10Y(CAGR)

TCX

-7.02%

GSHR

N/A

Max(CAGR)

TCX

-0.81%

Winner

GSHR

+4.19%

TCX vs GSHR - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	TCX	GSHR
2026	-36.13%	+2.68%
2025	+33.61%	+2.67%
2024	-32.60%	N/A
2023	-18.80%	N/A
2022	-59.04%	N/A
2021	+14.56%	N/A
2020	+18.99%	N/A
2019	+1.80%	N/A
2018	-4.82%	N/A
2017	+92.18%	N/A
2016	+76.25%	N/A
2015	+10.70%	N/A
2014	+48.28%	N/A
2013	+141.38%	N/A
2012	+91.72%	N/A
2011	-0.53%	N/A
2010	+5.39%	N/A
2009	+94.29%	N/A
2008	-54.17%	N/A
2007	-18.82%	N/A
2006	-3.41%	N/A
2005	+15.28%	N/A
2004	+45.83%	N/A
2003	+92.00%	N/A
2002	-12.12%	N/A
2001	-56.87%	N/A
2000	-91.15%	N/A
1999	+60.00%	N/A

TCX vs GSHR Drawdown Comparison

The maximum drawdown for TCX was -98.68%, occurring on Oct 24, 2002. Recovery took 4490 trading sessions.

The maximum drawdown for GSHR was -0.82%, occurring on Dec 29, 2025. Recovery took 38 trading sessions.

The current TCX drawdown is -84.75%.

Rank	TCX	GSHR
#1	-98.68% Feb 11, 2000 - Dec 15, 2017	-0.82% Dec 4, 2025 - Jan 30, 2026
#2	-90.71% Jan 27, 2021 - Jul 27, 2026	-0.79% Jul 31, 2025 - Oct 15, 2025
#3	-51.92% Apr 15, 2019 - Jan 27, 2021	-0.77% Feb 5, 2026 - Apr 2, 2026
#4	-28.37% Dec 29, 2017 - Jan 24, 2019	-0.59% Oct 29, 2025 - Nov 7, 2025
#5	-27.03% Dec 13, 1999 - Feb 10, 2000	-0.48% Apr 2, 2026 - May 27, 2026
#6	-16.00% Nov 4, 1999 - Nov 15, 1999	-0.39% Oct 20, 2025 - Oct 24, 2025
#7	-15.21% Nov 30, 1999 - Dec 10, 1999	-0.39% Nov 26, 2025 - Dec 4, 2025
#8	-7.83% Nov 16, 1999 - Nov 30, 1999	-0.33% May 14, 2025 - Jun 5, 2025
#9	-6.95% Feb 5, 2019 - Feb 15, 2019	-0.30% Jun 30, 2025 - Jul 29, 2025
#10	-4.06% Mar 1, 2019 - Mar 14, 2019	-0.20% Oct 24, 2025 - Oct 29, 2025
#11	-2.49% Mar 21, 2019 - Mar 28, 2019	-0.19% Nov 7, 2025 - Nov 24, 2025
#12	-2.04% Mar 29, 2019 - Apr 5, 2019	-0.10% Oct 15, 2025 - Oct 20, 2025
#13	-1.85% Feb 15, 2019 - Feb 21, 2019	-0.10% Jun 26, 2026 - Jul 1, 2026
#14	-1.74% Mar 19, 2019 - Mar 21, 2019	-0.10% Jul 2, 2026 - Jul 28, 2026
#15	-1.49% Dec 20, 2017 - Dec 22, 2017	N/A

Correlation

Correlation between TCX and GSHR is -0.57 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.57

-101