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With a price-to-earnings (or "P/E") ratio of 59.2x Domain Holdings Australia Limited (ASX
HG) may be sending very bearish signals at the moment, given that almost half of all companies in Australia have P/E ratios under 14x and even P/E's lower than 8x are not unusual. Although, it's not wise to just take the P/E at face value as there may be an explanation why it's so lofty.
Domain Holdings Australia could be doing better as it's been growing earnings less than most other companies lately. It...
>>> Read more: With Domain Holdings Australia Limited (ASXHG) It Looks Like You'll Get What You Pay For
HG) may be sending very bearish signals at the moment, given that almost half of all companies in Australia have P/E ratios under 14x and even P/E's lower than 8x are not unusual. Although, it's not wise to just take the P/E at face value as there may be an explanation why it's so lofty.Domain Holdings Australia could be doing better as it's been growing earnings less than most other companies lately. It...
>>> Read more: With Domain Holdings Australia Limited (ASX
HG) It Looks Like You'll Get What You Pay For