Global Dominion Access
DOM.MC
#6928
Rank
NZ$0.99 B
Marketcap
NZ$6.66
Share price
-0.61%
Change (1 day)
36.76%
Change (1 year)

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

P/E ratio at the end of 2024: -91.9

According to Global Dominion Access's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -111.248. At the end of 2024 the company had a P/E ratio of -91.9.

P/E ratio history for Global Dominion Access from 2016 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-91.9-907.39%
202311.4-36.95%
202218.09.22%
202116.5-61.4%
202042.8152.77%
201916.9-30.44%
201824.31.27%
201724.014.35%
201621.0

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.