Reece Limited [ASX:REH] share price and news 2022

Company Description

Reece Limited (REH) is a supplier of plumbing, bathroom, heating, ventilation, waterworks, air conditioning and refrigeration products with operations in Australia, New Zealand and the US. Reece Limited activities include importing, wholesaling, distribution, marketing and retailing. Reece supplies customers in the trade, retail, professional and commercial markets.

Reece Limited belongs to Industrials sector and under industry of Trading Companies & Distributors. You can get more information about this company via their website:

This is a large cap company with market cap of 11039 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 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 0.98 42 4.01 5.63
Market 1.03 20.6 1.71 1.15
Sector 0.55 15.9 2.1 1.14

Dividend Growth Chart

The following chart shows you how reh dividend grows in the recent years.Reece Limited has dividend yield of 0.71%