Fortescue Metals Group Ltd [ASX:FMG] share price and news 2022

Company Description

Fortescue Metals Group Ltd (FMG) is an iron ore production and exploration company with assets located in the Pilbara region of Western Australia

Fortescue Metals Group Ltd belongs to Materials sector and under industry of Steel. You can get more information about this company via their website: http://www.fmgl.com.au.

This is a large cap company with market cap of 65458 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 greater than both sector and market. On the other hand,

Earnings PE PB PE growth
Company 1.02 6.46 3.39 0.87
Market 1.03 20.6 1.71 1.15
Sector 1.02 15.5 2.44 0.55

Dividend Growth Chart

The following chart shows you how fmg dividend grows in the recent years.Fortescue Metals Group Ltd has dividend yield of 12.15%