Australian (ASX) Diversified Banks Industry Analysis

Industry Valuation and Performance

Has the Australian Diversified Banks Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 26 Jul 2024	AU$527.1b	AU$88.0b	AU$30.8b	15x	17.1x	6x
Sun, 23 Jun 2024	AU$511.4b	AU$87.9b	AU$30.9b	14.4x	16.5x	5.8x
Tue, 21 May 2024	AU$493.8b	AU$87.9b	AU$30.9b	14.3x	16x	5.6x
Thu, 18 Apr 2024	AU$469.0b	AU$88.8b	AU$32.0b	12.3x	14.6x	5.3x
Sat, 16 Mar 2024	AU$479.7b	AU$88.7b	AU$32.0b	12.6x	15x	5.4x
Mon, 12 Feb 2024	AU$467.8b	AU$89.0b	AU$32.5b	11.8x	14.4x	5.3x
Wed, 10 Jan 2024	AU$447.8b	AU$88.9b	AU$32.5b	11.2x	13.8x	5x
Fri, 08 Dec 2023	AU$422.9b	AU$89.0b	AU$32.5b	10.7x	13x	4.8x
Sun, 05 Nov 2023	AU$413.8b	AU$87.1b	AU$31.8b	11.7x	13x	4.8x
Tue, 03 Oct 2023	AU$411.9b	AU$87.1b	AU$31.8b	11.5x	12.9x	4.7x
Thu, 31 Aug 2023	AU$415.9b	AU$87.1b	AU$31.8b	11.9x	13.1x	4.8x
Sat, 29 Jul 2023	AU$425.1b	AU$87.3b	AU$31.7b	11.9x	13.4x	4.9x
Mon, 26 Jun 2023	AU$390.7b	AU$87.3b	AU$31.7b	10.8x	12.3x	4.5x
Wed, 24 May 2023	AU$401.1b	AU$87.3b	AU$31.7b	11.2x	12.6x	4.6x
Fri, 21 Apr 2023	AU$417.4b	AU$85.5b	AU$30.6b	12.9x	13.6x	4.9x
Sun, 19 Mar 2023	AU$397.8b	AU$85.5b	AU$30.6b	12.5x	13x	4.7x
Tue, 14 Feb 2023	AU$446.8b	AU$84.2b	AU$30.0b	12.4x	14.9x	5.3x
Thu, 12 Jan 2023	AU$426.9b	AU$84.2b	AU$30.0b	11.7x	14.2x	5.1x
Sat, 10 Dec 2022	AU$428.7b	AU$84.2b	AU$30.0b	11.7x	14.3x	5.1x
Mon, 07 Nov 2022	AU$439.8b	AU$85.0b	AU$29.4b	12.8x	15x	5.2x
Wed, 05 Oct 2022	AU$404.8b	AU$84.4b	AU$29.0b	12.2x	14x	4.8x
Fri, 02 Sep 2022	AU$404.5b	AU$84.3b	AU$29.0b	12x	14x	4.8x
Sun, 31 Jul 2022	AU$415.0b	AU$83.9b	AU$29.1b	12x	14.2x	4.9x
Tue, 28 Jun 2022	AU$384.9b	AU$83.9b	AU$29.1b	11.2x	13.2x	4.6x
Thu, 26 May 2022	AU$437.9b	AU$83.9b	AU$29.1b	12.7x	15x	5.2x
Sat, 23 Apr 2022	AU$452.6b	AU$83.1b	AU$28.3b	14x	16x	5.4x
Mon, 21 Mar 2022	AU$446.1b	AU$83.1b	AU$28.3b	13.8x	15.7x	5.4x
Wed, 16 Feb 2022	AU$430.9b	AU$82.9b	AU$28.3b	14.8x	15.2x	5.2x
Fri, 14 Jan 2022	AU$434.4b	AU$81.7b	AU$27.3b	14.6x	15.9x	5.3x
Sun, 12 Dec 2021	AU$419.2b	AU$81.7b	AU$27.3b	14x	15.3x	5.1x
Tue, 09 Nov 2021	AU$450.9b	AU$80.1b	AU$26.0b	14.1x	17.3x	5.6x
Thu, 07 Oct 2021	AU$440.5b	AU$76.6b	AU$23.9b	16.5x	18.4x	5.7x
Sat, 04 Sep 2021	AU$451.5b	AU$76.6b	AU$23.9b	17x	18.9x	5.9x
Mon, 02 Aug 2021	AU$442.4b	AU$76.6b	AU$23.9b	16.5x	18.5x	5.8x

Current Industry PE

Investors are optimistic on the Australian Diversified Banks industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 17.1x which is higher than its 3-year average PE of 14.7x.

The 3-year average PS ratio of 5.1x is lower than the industry's current PS ratio of 6.0x.

Past Earnings Growth

The earnings for companies in the Diversified Banks industry have grown 8.8% per year over the last three years.
Revenues for these companies have grown 4.7% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Australian Diversified Banks compare with similar industries?


AU Market	-2.20%
Financials	-0.89%
Banks	-0.77%
Diversified Banks	-0.80%
Regional Banks	0.69%

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?

Company	Last Price	7D	1Y	Valuation
CBA Commonwealth Bank of Australia	AU$133.14	1.1% +AU$2.5b	26.2%	PB3.1x
WBC Westpac Banking	AU$28.59	1.3% +AU$1.2b	28.3%	PB1.4x
NAB National Australia Bank	AU$37.41	0.5% +AU$457.3m	31.8%	PB1.9x
JDO Judo Capital Holdings	AU$1.37	1.9% +AU$27.7m	2.6%	PB1x
BFL BSP Financial Group	AU$6.58	0.8% +AU$23.4m	26.5%	PB1.8x

Company

Last Price

Valuation

CBA Commonwealth Bank of Australia

AU$133.14

1.1%
+AU$2.5b

26.2%

PB3.1x

WBC Westpac Banking

AU$28.59

1.3%
+AU$1.2b

28.3%