Globe International Stock

Globe International P/E 2024

Globe International P/E

57.98

Ticker

GLB.AX

ISIN

AU000000GLB5

WKN

796468

As of Sep 10, 2024, Globe International's P/E ratio was 57.98, a 426.61% change from the 11.01 P/E ratio recorded in the previous year.

The Globe International P/E history

Globe International Aktienanalyse

What does Globe International do?

Globe International Ltd is an Australian company that was founded in 1984. It is a manufacturer of sporting goods and clothing for skateboarding, snowboarding, and surfing. The company is headquartered in Melbourne and also has offices in Los Angeles and Biarritz. The history of Globe International Ltd began in the 1970s when brothers Peter and Stephen Hill discovered skateboarding in Melbourne. In the late 1970s, they began making and selling their own skateboards. In 1984, they finally established the company Globe International Ltd to make their skateboards and clothing accessible to other skaters. In the 1990s, Globe International Ltd expanded into the USA and Europe and started catering to other sports such as snowboarding and surfing. The company works closely with professional skaters, snowboarders, and surfers to develop products that meet the needs and requirements of athletes. Globe International Ltd's business model is based on the development and production of high-quality sporting goods and clothing for skateboarding, snowboarding, and surfing. The company strives to develop technically advanced products that meet the needs of the athletes who use them. Globe International Ltd serves both end customers and retailers who sell the company's products in their stores. Globe International Ltd is divided into various divisions, each focusing on a specific product category. The skateboard division of Globe International Ltd produces skateboards, trucks, wheels, and accessories. The snowboard division produces snowboards, bindings, boots, and accessories. The surf division produces surfboards, wetsuits, and accessories. In addition to these specialized divisions, Globe International Ltd also has a clothing division that produces a variety of garments for skateboarding, snowboarding, and surfing. Products from Globe International Ltd include skateboards, snowboards, surfboards, clothing, shoes, hats, backpacks, and accessories. Globe International Ltd's skateboards are known for their durability, maneuverability, and lightweight construction. The snowboards are appreciated for their high performance, flexibility, and stability. The surfboards are known for their stability, speed, and durability. Globe International Ltd's clothing is functional, stylish, and of high quality. In recent years, Globe International Ltd has also begun producing environmentally friendly products. The products are made from sustainable materials and designed to generate as little waste and environmental impact as possible. Overall, Globe International Ltd is a leading manufacturer of sporting goods and clothing for skateboarding, snowboarding, and surfing. The company has a long history and is committed to developing products that meet the needs of the athletes who use them. Globe International Ltd is divided into different divisions and offers a variety of products, including skateboards, snowboards, surfboards, clothing, and accessories. The company is also committed to environmental friendliness and is increasingly producing environmentally friendly products. Globe International ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Globe International's P/E Ratio

The Price to Earnings (P/E) Ratio of Globe International is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Globe International's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Globe International is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Globe International’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Globe International stock

What is the price-to-earnings ratio of Globe International?

The price-earnings ratio of Globe International is currently 57.98.

How has the price-earnings ratio of Globe International changed compared to last year?

The price-to-earnings ratio of Globe International has increased by 426.61% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Globe International high compared to other companies?

Yes, the price-to-earnings ratio of Globe International is high compared to other companies.

How does an increase in the price-earnings ratio of Globe International affect the company?

An increase in the price-earnings ratio of Globe International would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Globe International affect the company?

A decrease in the price-earnings ratio of Globe International would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Globe International?

Some factors that influence the price-earnings ratio of Globe International are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Globe International pay?

Over the past 12 months, Globe International paid a dividend of 0.1 AUD . This corresponds to a dividend yield of about 2.74 %. For the coming 12 months, Globe International is expected to pay a dividend of 0.1 AUD.

What is the dividend yield of Globe International?

The current dividend yield of Globe International is 2.74 %.

When does Globe International pay dividends?

Globe International pays a quarterly dividend. This is distributed in the months of April, October, April, October.

How secure is the dividend of Globe International?

Globe International paid dividends every year for the past 9 years.

What is the dividend of Globe International?

For the upcoming 12 months, dividends amounting to 0.1 AUD are expected. This corresponds to a dividend yield of 2.74 %.

In which sector is Globe International located?

Globe International is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Globe International kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Globe International from 9/20/2024 amounting to 0.186 AUD, you needed to have the stock in your portfolio before the ex-date on 9/5/2024.

When did Globe International pay the last dividend?

The last dividend was paid out on 9/20/2024.

What was the dividend of Globe International in the year 2023?

In the year 2023, Globe International distributed 0.457 AUD as dividends.

In which currency does Globe International pay out the dividend?

The dividends of Globe International are distributed in AUD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Globe International

Our stock analysis for Globe International Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Globe International Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.