Global Dominion Access
DOM.MC
#7041
Rank
NZ$0.74 B
Marketcap
$5.00
Share price
-0.90%
Change (1 day)
-10.06%
Change (1 year)

P/E ratio for Global Dominion Access (DOM.MC)

P/E ratio at the end of 2023: 10.3

According to Global Dominion Access's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.81024. At the end of 2023 the company had a P/E ratio of 10.3.

P/E ratio history for Global Dominion Access from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202310.3-38.53%
202216.77.38%
202115.6-62.03%
202041.1149.26%
201916.5-30.51%
201823.71.13%
201723.414.35%
201620.5

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.