Platinum Asset Management Limited [ASX:PTM] share price and news 2022

Company Description

Platinum Asset Management Limited (PTM) is an ASX-listed, diversified financial services company which has been serving Australians since 1886. It is a non-operating holding company of Platinum Investment Management Limited (PIML). Platinum is an Australia based investment manager that focuses on one asset class international shares, or more simply put, they provide portfolios of listed companies from around the world.

Platinum Asset Management 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.platinum.com.au.

This is a mid cap company with market cap of 2804 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, Company Earning is greater than both sector and market.

Earnings PE PB PE growth
Company 1.77 19 8.69 0
Market 1.03 20.6 1.71 1.15
Sector 1.02 23.4 1.15 1.09

Dividend Growth Chart

The following chart shows you how ptm dividend grows in the recent years.Platinum Asset Management Limited has dividend yield of 4.73%