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Australian (ASX) Diversified Banks Industry Analysis
UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies7
- 7D1.6%
- 3M7.4%
- 1Y31.2%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has risen 1.9%, driven by gains from every company within the industry. This takes the industry's 12 month performance to a gain of 33%. As for the next few years, earnings are expected to grow by 2.9% per annum.
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 |
|---|---|---|---|---|---|---|
| Sat, 01 Feb 2025 | AU$604.1b | AU$88.8b | AU$30.6b | 16.5x | 19.8x | 6.8x |
| Mon, 30 Dec 2024 | AU$579.9b | AU$88.8b | AU$30.6b | 16x | 19x | 6.5x |
| Wed, 27 Nov 2024 | AU$590.0b | AU$88.8b | AU$30.6b | 16.2x | 19.3x | 6.6x |
| Fri, 25 Oct 2024 | AU$569.1b | AU$88.1b | AU$30.7b | 16.4x | 18.5x | 6.5x |
| Sun, 22 Sep 2024 | AU$579.2b | AU$88.1b | AU$30.7b | 17.1x | 18.9x | 6.6x |
| Tue, 20 Aug 2024 | AU$546.1b | AU$88.0b | AU$30.5b | 16.1x | 17.9x | 6.2x |
| Thu, 18 Jul 2024 | AU$533.0b | AU$88.0b | AU$30.8b | 15.1x | 17.3x | 6.1x |
| Sat, 15 Jun 2024 | AU$501.8b | AU$87.9b | AU$30.9b | 14.2x | 16.2x | 5.7x |
| Mon, 13 May 2024 | AU$485.7b | AU$88.0b | AU$30.9b | 14.1x | 15.7x | 5.5x |
| Wed, 10 Apr 2024 | AU$490.7b | AU$88.7b | AU$32.0b | 12.7x | 15.3x | 5.5x |
| Fri, 08 Mar 2024 | AU$492.1b | AU$88.7b | AU$32.0b | 13x | 15.4x | 5.5x |
| Sun, 04 Feb 2024 | AU$464.2b | AU$89.0b | AU$32.5b | 11.7x | 14.3x | 5.2x |
| Tue, 02 Jan 2024 | AU$444.5b | AU$88.9b | AU$32.5b | 11.1x | 13.7x | 5x |
| Thu, 30 Nov 2023 | AU$410.8b | AU$89.0b | AU$32.5b | 10.3x | 12.6x | 4.6x |
| Sat, 28 Oct 2023 | AU$402.9b | AU$87.1b | AU$31.8b | 11.3x | 12.7x | 4.6x |
| Mon, 25 Sep 2023 | AU$410.7b | AU$87.1b | AU$31.8b | 11.6x | 12.9x | 4.7x |
| Wed, 23 Aug 2023 | AU$401.6b | AU$87.1b | AU$31.8b | 11.4x | 12.6x | 4.6x |
| Fri, 21 Jul 2023 | AU$421.3b | AU$87.2b | AU$31.7b | 11.7x | 13.3x | 4.8x |
| Sun, 18 Jun 2023 | AU$394.5b | AU$87.2b | AU$31.7b | 10.8x | 12.4x | 4.5x |
| Tue, 16 May 2023 | AU$397.2b | AU$87.3b | AU$31.7b | 11.1x | 12.5x | 4.6x |
| Thu, 13 Apr 2023 | AU$407.3b | AU$85.5b | AU$30.6b | 12.5x | 13.3x | 4.8x |
| Sat, 11 Mar 2023 | AU$403.7b | AU$85.5b | AU$30.6b | 12.9x | 13.2x | 4.7x |
| Mon, 06 Feb 2023 | AU$452.7b | AU$84.2b | AU$30.0b | 12.5x | 15.1x | 5.4x |
| Wed, 04 Jan 2023 | AU$424.8b | AU$84.2b | AU$30.0b | 11.6x | 14.2x | 5x |
| Fri, 02 Dec 2022 | AU$444.8b | AU$84.2b | AU$30.0b | 12.3x | 14.8x | 5.3x |
| Sun, 30 Oct 2022 | AU$438.4b | AU$85.0b | AU$29.4b | 12.7x | 14.9x | 5.2x |
| Tue, 27 Sep 2022 | AU$397.8b | AU$84.4b | AU$29.0b | 11.9x | 13.7x | 4.7x |
| Thu, 25 Aug 2022 | AU$406.6b | AU$84.2b | AU$29.0b | 12x | 14x | 4.8x |
| Sat, 23 Jul 2022 | AU$400.2b | AU$83.9b | AU$29.1b | 11.6x | 13.7x | 4.8x |
| Mon, 20 Jun 2022 | AU$318.7b | AU$83.9b | AU$29.1b | 8.4x | 10.9x | 3.8x |
| Wed, 18 May 2022 | AU$437.7b | AU$83.9b | AU$29.1b | 12.7x | 15x | 5.2x |
| Fri, 15 Apr 2022 | AU$452.3b | AU$83.1b | AU$28.3b | 13.9x | 16x | 5.4x |
| Sun, 13 Mar 2022 | AU$422.2b | AU$83.1b | AU$28.3b | 13.1x | 14.9x | 5.1x |
| Tue, 08 Feb 2022 | AU$407.7b | AU$81.5b | AU$27.4b | 13.8x | 14.9x | 5x |
Price to Earnings Ratio
14.9x
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 19.7x which is higher than its 3-year average PE of 14.9x.
- The 3-year average PS ratio of 5.3x is lower than the industry's current PS ratio of 6.8x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 3.7% per year over the last three years.
- Revenues for these companies have grown 2.9% 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 | 1.42% | |
| Financials | 1.48% | |
| Banks | 1.59% | |
| Diversified Banks | 1.58% | |
| Regional Banks | 2.40% | |
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$160.56 | 1.2% +AU$3.2b | 38.6% | PB3.7x | |
| WBC Westpac Banking | AU$33.73 | 2.2% +AU$2.4b | 40.2% | PB1.6x | |
| NAB National Australia Bank | AU$40.14 | 1.9% +AU$2.2b | 24.5% | PB2x | |
| ANZ ANZ Group Holdings | AU$30.62 | 1.5% +AU$1.3b | 12.3% | PB1.3x | |
| BFL BSP Financial Group | AU$7.53 | 2.9% +AU$98.1m | 20.3% | PB2x |