Laserbond Limited [ASX:LBL] share price and news 2022

Company Description

Laserbond Limited (LBL) is a specialist surface engineering company that focuses on the development and application of materials using advanced additive manufacturing technologies to increase operating performance and life of wearing components in capital intensive industries. Currently they are operating three divisions i) Services division, ii) Product division and iii) Technology division.

Laserbond Limited belongs to Industrials sector and under industry of Industrial Machinery. You can get more information about this company via their website: http://www.laserbond.com.au.

This a small cap company with market cap of 59 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 sector but less than market. while Company PB is greater than both sector and market. On the other hand, Company Earning is greater than sector but less than market.

Earnings PE PB PE growth
Company 0.77 21.8 4.84 1.21
Market 0.85 22.3 1.99 0.84
Sector 0.55 15.9 2.1 1.14

Dividend Growth Chart

The following chart shows you how lbl dividend grows in the recent years.Laserbond Limited has dividend yield of 1.98%