Perpetual Equity Investment Company Limited [ASX:PIC] share price and news 2022

Company Description

Perpetual Equity Investment Company Limited (PIC) is a listed investment company (LIC). Company invests in quality listed securities. Its objective is to provide investors with a growing income stream and long-term capital growth in excess of its Benchmark over minimum 5 year investment periods.

Perpetual Equity Investment Company Limited belongs to Financials sector and under industry of Asset Management & Custody Banks. You can get more information about this company via their website: http://www.perpetualequity.com.au.

This a small cap company with market cap of 418 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 On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0.65 0 1.15 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 pic dividend grows in the recent years.