Goodman Group Stock

Goodman Group P/E 2024

Goodman Group P/E

-655.88

Ticker

GMG.AX

ISIN

AU000000GMG2

WKN

A0MWRF

As of Aug 25, 2024, Goodman Group's P/E ratio was -655.88, a -2,791.34% change from the 24.37 P/E ratio recorded in the previous year.

The Goodman Group P/E history

Goodman Group Aktienanalyse

What does Goodman Group do?

Goodman Group is an Australian company that was founded in 1989 as a real estate developer. The company focuses on the design, construction, and management of industrial buildings and logistics centers worldwide. Its headquarters is located in Sydney, Australia, and it operates branches in North America, Europe, Asia, and the Middle East. The business model of Goodman Group is based on creating high-quality warehouses and production facilities to support companies in optimizing efficiency and cost in the supply chain. The company offers customized solutions for logistics and storage requirements and supports customers in implementing sustainability strategies. Goodman Group works closely with its tenants to ensure effective building management and build long-term business relationships. Goodman Group specializes in various industries and offers a variety of products that meet customer needs. The different divisions of the company include industrial logistics, business parks, commercial development, and investment management. The industrial logistics division focuses on the construction of high-performance warehouses that meet the needs of e-commerce companies, retailers, and manufacturers. These facilities consider factors such as scaling of loading and unloading processes, flexible space utilization, and optimal traffic connections. Goodman Group's business parks offer flexible office and commercial spaces for small and medium-sized enterprises. The focus here is on integrating technology and innovation to support employee productivity and creativity. The commercial development division is responsible for planning, construction, and marketing of real estate projects. These include office buildings, retail spaces, and logistics centers. Investment management is responsible for managing funds, assets, and portfolios of Goodman Group. This also includes continuous identification of opportunities and implementation of investment strategies. Goodman Group is also committed to sustainability and pursues a long-term strategy to reduce the carbon footprint of its buildings and create environmentally-friendly work environments. The company relies on renewable energy, water management, and environmental protection. Goodman Group has experienced impressive growth in recent years and is now a leading provider of industrial and logistics real estate. The business model of Goodman Group has proven to be resilient to economic challenges as the demand for logistics services and supply chain optimization continues to grow. With a strong focus on customer orientation and sustainability, Goodman Group is well positioned to continue to grow and expand successfully in the future. Goodman Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Goodman Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Goodman Group 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 Goodman Group'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 Goodman Group 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 Goodman Group’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 Goodman Group stock

What is the price-to-earnings ratio of Goodman Group?

The price-earnings ratio of Goodman Group is currently -655.88.

How has the price-earnings ratio of Goodman Group changed compared to last year?

The price-to-earnings ratio of Goodman Group has increased by -2,791.34% fallen (meaning "decreased" or "dropped") 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 Goodman Group high compared to other companies?

Yes, the price-to-earnings ratio of Goodman Group is high compared to other companies.

How does an increase in the price-earnings ratio of Goodman Group affect the company?

An increase in the price-earnings ratio of Goodman Group 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 Goodman Group affect the company?

A decrease in the price-earnings ratio of Goodman Group 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 Goodman Group?

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

How much dividend does Goodman Group pay?

Over the past 12 months, Goodman Group paid a dividend of 0.15 AUD . This corresponds to a dividend yield of about 0.46 %. For the coming 12 months, Goodman Group is expected to pay a dividend of 0.17 AUD.

What is the dividend yield of Goodman Group?

The current dividend yield of Goodman Group is 0.46 %.

When does Goodman Group pay dividends?

Goodman Group pays a quarterly dividend. This is distributed in the months of January, July, January, July.

How secure is the dividend of Goodman Group?

Goodman Group paid dividends every year for the past 23 years.

What is the dividend of Goodman Group?

For the upcoming 12 months, dividends amounting to 0.17 AUD are expected. This corresponds to a dividend yield of 0.53 %.

In which sector is Goodman Group located?

Goodman Group is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von Goodman Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Goodman Group from 8/26/2024 amounting to 0.15 AUD, you needed to have the stock in your portfolio before the ex-date on 6/27/2024.

When did Goodman Group pay the last dividend?

The last dividend was paid out on 8/26/2024.

What was the dividend of Goodman Group in the year 2023?

In the year 2023, Goodman Group distributed 0.3 AUD as dividends.

In which currency does Goodman Group pay out the dividend?

The dividends of Goodman Group are distributed in AUD.

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Andere Kennzahlen von Goodman Group

Our stock analysis for Goodman Group 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 Goodman Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.