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Australian (ASX) Diversified Banks Industry Analysis
UpdatedMar 23, 2025
DataAggregated Company Financials
Companies7
- 7D2.3%
- 3M-2.9%
- 1Y12.2%
- YTDn/a
In the last week, the Diversified Banks industry is up 2.3%, with Commonwealth Bank of Australia up 2.3%. This means that the industry has gained 12% over the past year. As for the next few years, earnings are expected to grow by 3.0% 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 |
|---|---|---|---|---|---|---|
| Sun, 23 Mar 2025 | AU$542.9b | AU$89.6b | AU$30.9b | 14.4x | 17.6x | 6.1x |
| Tue, 18 Feb 2025 | AU$612.4b | AU$89.4b | AU$30.9b | 16.3x | 19.8x | 6.8x |
| Thu, 16 Jan 2025 | AU$569.2b | AU$88.8b | AU$30.6b | 15.6x | 18.6x | 6.4x |
| Sat, 14 Dec 2024 | AU$582.1b | AU$88.8b | AU$30.6b | 15.8x | 19x | 6.6x |
| Mon, 11 Nov 2024 | AU$582.5b | AU$88.8b | AU$30.5b | 15.8x | 19.1x | 6.6x |
| Wed, 09 Oct 2024 | AU$540.8b | AU$88.1b | AU$30.7b | 15.8x | 17.6x | 6.1x |
| Fri, 06 Sep 2024 | AU$561.9b | AU$88.1b | AU$30.7b | 16.1x | 18.3x | 6.4x |
| Sun, 04 Aug 2024 | AU$524.8b | AU$88.0b | AU$30.8b | 15.3x | 17x | 6x |
| Tue, 02 Jul 2024 | AU$506.7b | AU$88.0b | AU$30.8b | 14.4x | 16.5x | 5.8x |
| Thu, 30 May 2024 | AU$480.5b | AU$87.9b | AU$30.9b | 13.8x | 15.5x | 5.5x |
| Sat, 27 Apr 2024 | AU$470.2b | AU$77.9b | AU$27.9b | 13.9x | 16.9x | 6x |
| Mon, 25 Mar 2024 | AU$487.5b | AU$88.7b | AU$32.0b | 12.8x | 15.2x | 5.5x |
| Wed, 21 Feb 2024 | AU$477.4b | AU$88.7b | AU$32.1b | 12.6x | 14.9x | 5.4x |
| Fri, 19 Jan 2024 | AU$445.7b | AU$89.0b | AU$32.5b | 11.1x | 13.7x | 5x |
| Sun, 17 Dec 2023 | AU$437.3b | AU$88.9b | AU$32.5b | 10.9x | 13.4x | 4.9x |
| Tue, 14 Nov 2023 | AU$411.6b | AU$88.6b | AU$32.6b | 10.4x | 12.6x | 4.6x |
| Thu, 12 Oct 2023 | AU$415.6b | AU$87.1b | AU$31.8b | 11.7x | 13.1x | 4.8x |
| Sat, 09 Sep 2023 | AU$411.2b | AU$87.2b | AU$31.8b | 11.6x | 12.9x | 4.7x |
| Mon, 07 Aug 2023 | AU$415.6b | AU$87.3b | AU$31.7b | 11.7x | 13.1x | 4.8x |
| Wed, 05 Jul 2023 | AU$407.3b | AU$87.3b | AU$31.7b | 11.2x | 12.8x | 4.7x |
| Fri, 02 Jun 2023 | AU$388.3b | AU$87.3b | AU$31.7b | 10.9x | 12.2x | 4.4x |
| Sun, 30 Apr 2023 | AU$413.3b | AU$85.5b | AU$30.6b | 12.8x | 13.5x | 4.8x |
| Tue, 28 Mar 2023 | AU$391.5b | AU$85.5b | AU$30.6b | 12.1x | 12.8x | 4.6x |
| Thu, 23 Feb 2023 | AU$420.5b | AU$85.5b | AU$30.6b | 13.3x | 13.8x | 4.9x |
| Sat, 21 Jan 2023 | AU$444.9b | AU$84.2b | AU$30.0b | 12.2x | 14.8x | 5.3x |
| Mon, 19 Dec 2022 | AU$430.6b | AU$84.2b | AU$30.0b | 11.7x | 14.3x | 5.1x |
| Wed, 16 Nov 2022 | AU$435.9b | AU$84.2b | AU$30.0b | 11.9x | 14.5x | 5.2x |
| Fri, 14 Oct 2022 | AU$422.6b | AU$84.4b | AU$29.0b | 12.6x | 14.6x | 5x |
| Sun, 11 Sep 2022 | AU$403.3b | AU$84.3b | AU$29.0b | 12x | 13.9x | 4.8x |
| Tue, 09 Aug 2022 | AU$419.0b | AU$83.9b | AU$29.2b | 12x | 14.4x | 5x |
| Thu, 07 Jul 2022 | AU$382.0b | AU$83.9b | AU$29.2b | 11.2x | 13.1x | 4.6x |
| Sat, 04 Jun 2022 | AU$437.7b | AU$83.8b | AU$29.1b | 12.5x | 15x | 5.2x |
| Mon, 02 May 2022 | AU$445.9b | AU$83.1b | AU$28.4b | 13.8x | 15.7x | 5.4x |
| Wed, 30 Mar 2022 | AU$451.7b | AU$83.0b | AU$28.3b | 14.1x | 15.9x | 5.4x |
Price to Earnings Ratio
15.9x
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 17.6x which is higher than its 3-year average PE of 15.1x.
- The 3-year average PS ratio of 5.3x is lower than the industry's current PS ratio of 6.1x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 2.9% per year over the last three years.
- Revenues for these companies have grown 2.6% 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 | 1.82% | |
| Financials | 2.14% | |
| Banks | 2.28% | |
| Diversified Banks | 2.27% | |
| Regional Banks | 2.68% | |
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$145.60 | 2.3% +AU$5.4b | 23.9% | PB3.2x | |
| WBC Westpac Banking | AU$30.74 | 3.8% +AU$3.9b | 16.1% | PB1.5x | |
| ANZ ANZ Group Holdings | AU$29.30 | 3.6% +AU$3.0b | 0.9% | PB1.2x | |
| BFL BSP Financial Group | AU$7.70 | 6.5% +AU$219.6m | 36.3% | PB2x | |
| KSL Kina Securities | AU$1.10 | 0.5% +AU$1.4m | 24.4% | PB1.2x |