PM Capital Global Opportunities Fund
PGF.AX
#6059
Rank
โ‚ฌ0.67 B
Marketcap
1,41ย โ‚ฌ
Share price
-1.28%
Change (1 day)
33.84%
Change (1 year)

P/E ratio for PM Capital Global Opportunities Fund (PGF.AX)

P/E ratio at the end of 2023: 5.65

According to PM Capital Global Opportunities Fund's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.04085. At the end of 2023 the company had a P/E ratio of 5.65.

P/E ratio history for PM Capital Global Opportunities Fund from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20235.65-101.23%
2022-459-12120.36%
20213.82-122.57%
2020-16.9-112.56%
20191351354.96%
20189.2694.96%
20174.75-175.89%
2016-6.26-265.49%
20153.78

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.