On the other hand, New Zealand will become more limited with a 1.7 % annual expected
growth in the next
decade, compared with 5.2 % annual
growth over the
previous 10 years.
The criteria include: (1) adequate size with respect to revenue, (2) strong financial condition with respect to liquidity, (3) reasonable earnings
growth over a
decade (4) modest price - to - earnings (P / E) ratio of 15 or less, (5) economical price - to - book (P / B) ratio of 1.5 or less, (6) 20 years of consistent dividend payments to insure the likelihood of continuation, and (7) earnings stability vis - a-vis the absence of any losses
over the
previous decade.