Argo Investments Limited [ASX:ARG] share price and news 2022

Company Description

Argo Investments Limited (ARG) is an investment company which actively manages a diversified Australian equities portfolio in a tax-aware manner within a low-cost structure, with the objective of maximising long-term returns to shareholders through a balance of capital and dividend growth.

Argo Investments Limited belongs to Financials sector and under industry of Other Diversified Financial Services. You can get more information about this company via their website: http://www.argoinvestments.com.au.

This is a mid cap company with market cap of 6142 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is greater than both sector and market. while Company PB is greater than sector but less than market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0.56 30.6 1.3 0
Market 0.85 22.3 1.99 0.84
Sector 1.02 23.4 1.15 1.09

Dividend Growth Chart

The following chart shows you how arg dividend grows in the recent years.