Austal Limited [ASX:ASB] share price and news 2022

Company Description

Austal Limited (ASB) is an Australian shipbuilder and global defence contractor which designs, manufactures and supports high performance vessels for commercial and defence customers worldwide. They currently have 7 shipyards in five countries.

Austal Limited belongs to Industrials sector and under industry of Aerospace & Defense. You can get more information about this company via their website: http://www.austal.com.

This a small cap company with market cap of 880 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 less than both sector and market. while Company PB is less than both sector and market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0.49 9.91 1.17 0
Market 1.03 20.6 1.71 1.15
Sector 0.55 15.9 2.1 1.14

Dividend Growth Chart

The following chart shows you how asb dividend grows in the recent years.Austal Limited has dividend yield of 3.21%