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Australian (ASX) Diversified Banks Industry Analysis
UpdatedJan 28, 2025
DataAggregated Company Financials
Companies7
- 7D1.1%
- 3M5.3%
- 1Y29.8%
- YTDn/a
The Diversified Banks industry is up 1.1% in the last week, with Commonwealth Bank of Australia up 2.0%. In the last 12 months, the industry was up 30%. 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 |
|---|---|---|---|---|---|---|
| Tue, 28 Jan 2025 | AU$594.8b | AU$88.8b | AU$30.6b | 16.2x | 19.5x | 6.7x |
| Thu, 26 Dec 2024 | AU$576.2b | AU$88.8b | AU$30.6b | 15.9x | 18.8x | 6.5x |
| Sat, 23 Nov 2024 | AU$606.4b | AU$88.8b | AU$30.6b | 16.6x | 19.8x | 6.8x |
| Mon, 21 Oct 2024 | AU$569.7b | AU$88.1b | AU$30.7b | 16.5x | 18.6x | 6.5x |
| Wed, 18 Sep 2024 | AU$570.4b | AU$88.1b | AU$30.7b | 16.9x | 18.6x | 6.5x |
| Fri, 16 Aug 2024 | AU$529.1b | AU$88.0b | AU$30.5b | 15.5x | 17.4x | 6x |
| Sun, 14 Jul 2024 | AU$524.4b | AU$88.0b | AU$30.8b | 14.8x | 17x | 6x |
| Tue, 11 Jun 2024 | AU$504.8b | AU$87.9b | AU$30.9b | 14.3x | 16.3x | 5.7x |
| Thu, 09 May 2024 | AU$494.2b | AU$88.0b | AU$30.9b | 14.8x | 16x | 5.6x |
| Sat, 06 Apr 2024 | AU$485.8b | AU$88.7b | AU$32.0b | 12.5x | 15.2x | 5.5x |
| Mon, 04 Mar 2024 | AU$484.7b | AU$88.7b | AU$32.0b | 12.8x | 15.1x | 5.5x |
| Wed, 31 Jan 2024 | AU$462.0b | AU$89.0b | AU$32.5b | 11.6x | 14.2x | 5.2x |
| Fri, 29 Dec 2023 | AU$445.6b | AU$88.9b | AU$32.5b | 11.1x | 13.7x | 5x |
| Sun, 26 Nov 2023 | AU$412.2b | AU$89.0b | AU$32.5b | 10.4x | 12.7x | 4.6x |
| Tue, 24 Oct 2023 | AU$405.1b | AU$87.1b | AU$31.8b | 11.4x | 12.7x | 4.6x |
| Thu, 21 Sep 2023 | AU$418.3b | AU$87.1b | AU$31.8b | 11.8x | 13.1x | 4.8x |
| Sat, 19 Aug 2023 | AU$404.9b | AU$87.1b | AU$31.8b | 11.6x | 12.7x | 4.6x |
| Mon, 17 Jul 2023 | AU$406.5b | AU$87.2b | AU$31.7b | 11.3x | 12.8x | 4.7x |
| Wed, 14 Jun 2023 | AU$384.7b | AU$87.3b | AU$31.7b | 10.6x | 12.1x | 4.4x |
| Fri, 12 May 2023 | AU$399.0b | AU$87.3b | AU$31.7b | 11x | 12.6x | 4.6x |
| Sun, 09 Apr 2023 | AU$403.7b | AU$85.5b | AU$30.6b | 12.4x | 13.2x | 4.7x |
| Tue, 07 Mar 2023 | AU$412.9b | AU$85.5b | AU$30.6b | 13.1x | 13.5x | 4.8x |
| Thu, 02 Feb 2023 | AU$447.8b | AU$84.2b | AU$30.0b | 12.4x | 14.9x | 5.3x |
| Sat, 31 Dec 2022 | AU$424.8b | AU$84.2b | AU$30.0b | 11.7x | 14.2x | 5x |
| Mon, 28 Nov 2022 | AU$445.3b | AU$84.2b | AU$30.0b | 12.2x | 14.8x | 5.3x |
| Wed, 26 Oct 2022 | AU$437.0b | AU$84.4b | AU$29.0b | 13.1x | 15.1x | 5.2x |
| Fri, 23 Sep 2022 | AU$406.1b | AU$84.3b | AU$29.0b | 12.1x | 14x | 4.8x |
| Sun, 21 Aug 2022 | AU$415.8b | AU$84.3b | AU$29.0b | 12.1x | 14.3x | 4.9x |
| Tue, 19 Jul 2022 | AU$383.0b | AU$83.9b | AU$29.2b | 11.1x | 13.1x | 4.6x |
| Thu, 16 Jun 2022 | AU$371.5b | AU$83.9b | AU$29.1b | 10.6x | 12.7x | 4.4x |
| Sat, 14 May 2022 | AU$429.5b | AU$83.9b | AU$29.2b | 12.6x | 14.7x | 5.1x |
| Mon, 11 Apr 2022 | AU$449.3b | AU$83.1b | AU$28.3b | 13.9x | 15.9x | 5.4x |
| Wed, 09 Mar 2022 | AU$404.0b | AU$83.1b | AU$28.3b | 12.6x | 14.3x | 4.9x |
| Fri, 04 Feb 2022 | AU$407.5b | AU$81.7b | AU$27.3b | 14x | 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 19.5x 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 6.7x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 3.8% per year over the last three years.
- Revenues for these companies have grown 2.8% 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 | 0.13% | |
| Financials | 1.16% | |
| Banks | 1.13% | |
| Diversified Banks | 1.14% | |
| Regional Banks | 0.65% | |
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$159.28 | 2.0% +AU$5.1b | 37.3% | PB3.6x | |
| NAB National Australia Bank | AU$39.82 | 2.4% +AU$2.9b | 23.9% | PB2x | |
| WBC Westpac Banking | AU$33.40 | 2.0% +AU$2.3b | 40.2% | PB1.6x | |
| ANZ ANZ Group Holdings | AU$30.52 | 1.2% +AU$1.1b | 13.9% | PB1.3x | |
| JDO Judo Capital Holdings | AU$1.97 | 2.6% +AU$55.9m | 66.2% | PB1.4x |