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Australian (ASX) Diversified Banks Industry Analysis

UpdatedMay 28, 2022
DataAggregated Company Financials
Companies7
  • 7D1.8%
  • 3M8.2%
  • 1Y1.9%
  • YTD3.8%

The Diversified Banks industry is up 1.8% in the last week, with Commonwealth Bank of Australia up 1.9%. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 1.9% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 28 May 2022AU$439.6bAU$83.9bAU$29.1b12.7x
Mon, 25 Apr 2022AU$452.6bAU$83.1bAU$28.3b14x
Wed, 23 Mar 2022AU$445.6bAU$83.1bAU$28.3b13.8x
Fri, 18 Feb 2022AU$433.8bAU$82.9bAU$28.3b15.1x
Sun, 16 Jan 2022AU$430.4bAU$81.7bAU$27.3b14.4x
Tue, 14 Dec 2021AU$417.9bAU$81.7bAU$27.3b14x
Thu, 11 Nov 2021AU$450.9bAU$80.2bAU$26.0b15.3x
Sat, 09 Oct 2021AU$446.8bAU$76.6bAU$23.9b16.8x
Mon, 06 Sep 2021AU$453.1bAU$76.6bAU$23.9b17.1x
Wed, 04 Aug 2021AU$441.6bAU$76.6bAU$23.9b16.4x
Sat, 08 May 2021AU$419.0bAU$74.4bAU$22.5b17x
Tue, 09 Feb 2021AU$369.3bAU$70.3bAU$18.9b18x
Mon, 02 Nov 2020AU$301.5bAU$67.7bAU$16.6b17.2x
Thu, 06 Aug 2020AU$296.6bAU$69.4bAU$19.3b14x
Sun, 10 May 2020AU$271.7bAU$72.2bAU$22.0b12.1x
Sat, 01 Feb 2020AU$390.6bAU$74.4bAU$24.4b14.8x
Tue, 05 Nov 2019AU$395.6bAU$76.7bAU$26.9b14.1x
Fri, 09 Aug 2019AU$404.8bAU$77.8bAU$27.2b14x
Median PE Ratio

12.7x


Total Market Cap: AU$386.1bTotal Earnings: AU$28.0bTotal Revenue: AU$79.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Diversified Banks Industry Median PE3Y Average 14.9x202020212022
Current Industry PE
  • Investors are relatively neutral on the industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 14.9x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Diversified Banks industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Comparison

How does Australian Diversified Banks compare with similar industries?

AU Market-1.30%
Financials1.24%
Banks1.77%
Diversified Banks1.77%
Regional Banks1.70%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
CBA Commonwealth Bank of AustraliaAU$106.631.9%
+AU$3.4b
6.0%PB2.4x
NAB National Australia BankAU$31.682.0%
+AU$2.0b
16.9%PB1.7x
WBC Westpac BankingAU$24.092.2%
+AU$1.7b
-9.0%PB1.1x
ANZ Australia and New Zealand Banking GroupAU$25.680.7%
+AU$502.1m
-11.0%PB1.2x
BFL BSP Financial GroupAU$5.000.6%
+AU$14.0m
n/aPB1.6x
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