PM Capital Global Opportunities Fund
PGF.AX
#6150
Rank
NZ$1.54 B
Marketcap
NZ$3.22
Share price
-0.71%
Change (1 day)
31.44%
Change (1 year)

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

P/E ratio at the end of 2023: 5.11

According to PM Capital Global Opportunities Fund's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.74067. At the end of 2023 the company had a P/E ratio of 5.11.

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
20235.11-101.3%
2022-392-12882.21%
20213.07-123.63%
2020-13.0-113.03%
201999.61398.35%
20186.65101.18%
20173.30-178.48%
2016-4.21-268.25%
20152.50

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.