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Australian (ASX) Apparel Retail Industry Analysis

UpdatedMay 29, 2026
DataAggregated Company Financials
Companies6
  • 7D5.2%
  • 3M-22.5%
  • 1Y-44.7%
  • YTDn/a

Over the last 7 days, the Apparel Retail industry has risen 5.8%, driven by gains from Premier Investments of 6.2%. Meanwhile, Step One Clothing actually underperformed within the industry, shrinking 13% in the last week. In contrast, the industry has lost 45% in the last 12 months. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the Australian Apparel Retail Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 29 May 2026AU$2.9bAU$3.6bAU$205.0m12.6x14.3x0.8x
Sun, 26 Apr 2026AU$3.1bAU$3.6bAU$205.0m14x15.2x0.9x
Tue, 24 Mar 2026AU$3.3bAU$3.6bAU$201.8m14x16.2x0.9x
Thu, 19 Feb 2026AU$3.7bAU$3.6bAU$226.0m12.4x16.3x1x
Sat, 17 Jan 2026AU$3.8bAU$3.6bAU$226.0m12.2x16.6x1x
Mon, 15 Dec 2025AU$3.9bAU$3.6bAU$226.0m12.6x17.1x1.1x
Wed, 12 Nov 2025AU$4.6bAU$3.6bAU$226.0m16.1x20.2x1.3x
Fri, 10 Oct 2025AU$4.8bAU$3.6bAU$226.0m17.1x21.4x1.3x
Sun, 07 Sep 2025AU$5.4bAU$4.4bAU$317.2m14.8x17x1.2x
Tue, 05 Aug 2025AU$5.2bAU$4.4bAU$312.7m14.4x16.6x1.2x
Thu, 03 Jul 2025AU$5.0bAU$4.4bAU$312.7m13.9x16x1.1x
Sat, 31 May 2025AU$5.3bAU$4.4bAU$312.7m17.7x17x1.2x
Mon, 28 Apr 2025AU$5.2bAU$4.4bAU$312.7m15.8x16.5x1.2x
Wed, 26 Mar 2025AU$5.5bAU$4.4bAU$312.7m15.8x17.5x1.2x
Fri, 21 Feb 2025AU$6.3bAU$4.3bAU$337.3m20.1x18.8x1.5x
Sun, 19 Jan 2025AU$7.2bAU$4.3bAU$336.3m18.7x21.5x1.7x
Tue, 17 Dec 2024AU$7.9bAU$4.3bAU$336.3m20.6x23.6x1.8x
Thu, 14 Nov 2024AU$8.3bAU$4.3bAU$336.3m21.4x24.6x1.9x
Sat, 12 Oct 2024AU$8.1bAU$4.3bAU$336.3m22.2x24.2x1.9x
Mon, 09 Sep 2024AU$8.4bAU$4.3bAU$352.3m21.9x23.8x1.9x
Wed, 07 Aug 2024AU$7.4bAU$4.2bAU$343.5m18.1x21.5x1.8x
Fri, 05 Jul 2024AU$7.0bAU$4.2bAU$343.5m17.2x20.3x1.7x
Sun, 02 Jun 2024AU$7.5bAU$4.2bAU$343.5m17.5x21.9x1.8x
Tue, 30 Apr 2024AU$8.0bAU$4.2bAU$343.5m17.6x23.3x1.9x
Thu, 28 Mar 2024AU$8.6bAU$4.2bAU$343.5m18.1x25.1x2.1x
Sat, 24 Feb 2024AU$8.3bAU$4.3bAU$356.3m17.1x23.4x2x
Mon, 22 Jan 2024AU$7.4bAU$4.8bAU$393.4m14.6x18.8x1.6x
Wed, 20 Dec 2023AU$7.5bAU$4.8bAU$393.4m14.8x18.9x1.6x
Fri, 17 Nov 2023AU$7.0bAU$4.8bAU$393.4m13.9x17.8x1.5x
Sun, 15 Oct 2023AU$6.7bAU$4.8bAU$393.4m12.1x17x1.4x
Tue, 12 Sep 2023AU$7.0bAU$4.8bAU$418.2m12.1x16.7x1.5x
Thu, 10 Aug 2023AU$6.3bAU$4.6bAU$412.5m11.3x15.2x1.4x
Sat, 08 Jul 2023AU$5.9bAU$4.6bAU$412.5m10.6x14.4x1.3x
Mon, 05 Jun 2023AU$5.9bAU$4.6bAU$412.5m9.8x14.4x1.3x
Price to Earnings Ratio

14.4x


Total Market Cap: AU$5.9bTotal Earnings: AU$412.5mTotal Revenue: AU$4.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Apparel Retail Industry Price to Earnings3Y Average 19.1x202420252026
Current Industry PE
  • Investors are pessimistic on the Australian Apparel Retail industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 14.8x which is lower than its 3-year average PE of 19.1x.
  • The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.85x.
Past Earnings Growth
  • The earnings for companies in the Apparel Retail industry have declined 20% per year over the last three years,
  • Revenues have also declined 7.0% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Australian Apparel Retail compare with similar industries?

AU Market-0.25%
Consumer Discretionary2.81%
Specialty Stores0.85%
Apparel Retail5.23%
Home Furnishing Retail4.16%
Specialty Stores3.39%
Computer and Electronics Retail2.35%
Home Improvement Retail-2.52%
Automotive Retail-5.48%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
PMV Premier InvestmentsAU$12.537.0%
+AU$130.8m		-38.8%PE13.8x
CTT CettireAU$0.2334.3%
+AU$22.9m		-40.5%PS0.1x
UNI Universal Store HoldingsAU$6.784.5%
+AU$22.2m		-12.7%PE12.9x
AX1 Accent GroupAU$0.585.5%
+AU$18.0m		-69.5%PE9x

Latest News

AX1
AU$0.58
Accent Group
7D
5.5%
1Y
-69.5%
STP
AU$0.17
Step One Clothing
7D
-15.0%
1Y
-77.2%
Narrative Update • May 15

STP: Trimmed Fair Value And Margins Will Support Future Capital Upside

Analysts have trimmed their fair value estimate for Step One Clothing from A$0.29 to A$0.25 as they factor in a slightly lower projected profit margin, softer revenue growth expectations and a modestly lower future P/E, partly offset by a small reduction in the discount rate. What's in the News Step One Clothing was removed from the S&P/ASX Emerging Companies Index, which can affect how index-tracking funds and some institutional investors hold the stock (Key Developments).
CTT
AU$0.23
Cettire
7D
34.3%
1Y
-40.5%
Narrative Update • May 15

CTT: Index Inclusion And Steady Sales Guidance Will Support Future Upside

Analysts have kept their fair value estimate for Cettire steady while making only minimal tweaks to discount rate, revenue growth, profit margin and future P/E assumptions. Together, these changes translate into a very small adjustment to their A$ price target rather than a major reset in expectations.
UNI
AU$6.78
Universal Store Holdings
7D
4.5%
1Y
-12.7%
PMV
AU$12.53
Premier Investments
7D
7.0%
1Y
-38.8%
CCX
AU$0.042
City Chic Collective
7D
-2.3%
1Y
-49.4%