London City Equities Limited [ASX:LCE] share price and news 2022

Company Description

London City Equities Limited (LCE) is an investment company with a long-term strategic holding in equities that have a significant market share and offer inherent growth. They seek to provide shareholders with attractive investment returns over the medium to longer terms by enhancing capital growth and pay dividends that over time grow faster than the rate of inflation.

London City Equities Limited belongs to Financials sector and under industry of Multi-Sector Holdings. You can get more information about this company via their website: http://www.londoncity.com.au.

This a small cap company with market cap of 13 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 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 0.6 54.4 0.97 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 lce dividend grows in the recent years.London City Equities Limited has dividend yield of 3.20%