Cronos Australia Limited [ASX:CAU] share price and news 2022

Company Description

Cronos Australia Limited (CAU) is a company within the Health Care sector listed on the ASX. It plans to enter the medicinal cannabis market in Australia with both THC and CBD products. Cronos Australia is committed to providing Australian patients access to the quality medicinal cannabis products, as well as supplying export markets globally. Cronos Australia has secured all the necessary Australian licences to operate – including import and export licences.

Cronos Australia Limited belongs to Health Care sector and under industry of Health Care Distributors. You can get more information about this company via their website:

This a small cap company with market cap of 6 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 0 1.25 0
Market 0.85 22.3 1.99 0.84
Sector 1.29 25.9 4.23 1.53

Dividend Growth Chart

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

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