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Down 18%, is Domino’s Pizza now a FTSE 250 bargain?
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Down 18%, is Domino’s Pizza now a FTSE 250 bargain?
The past year has taken a slice out of the share price of Domino’s Pizza Group (LSE: DOM). The FTSE 250 share is now 18% below where it stood 12 months ago. That means that it trades on a price-to-earnings (P/E) ratio of 11. That is less than half the P/E ratio of New York-listed Domino’s Pizza Inc. The US business model is different, as it makes money franchising the brand, whereas Domino’s Pizza is simply a local franchisee. But the UK busines…
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