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Has the Australian Construction Industry valuation changed over the past few years?
|Tue, 30 Nov 2021||AU$12.8b||AU$17.8b||-AU$995,552,946.00||15.4x|
|Thu, 28 Oct 2021||AU$13.5b||AU$17.8b||-AU$994,824,323.00||15.8x|
|Sat, 25 Sep 2021||AU$12.9b||AU$17.5b||-AU$894,467,323.00||14.8x|
|Mon, 23 Aug 2021||AU$13.4b||AU$17.5b||-AU$894,467,323.00||15.3x|
|Sat, 10 Jul 2021||AU$12.2b||AU$16.5b||-AU$919,606,323.00||15x|
|Fri, 02 Apr 2021||AU$10.9b||AU$16.2b||-AU$1,013,919,382.00||14.5x|
|Mon, 04 Jan 2021||AU$13.6b||AU$15.9b||-AU$1,104,788,208.00||18.7x|
|Thu, 08 Oct 2020||AU$10.1b||AU$20.7b||-AU$1,046,685,042.00||22.2x|
|Wed, 01 Jul 2020||AU$11.6b||AU$15.5b||-AU$1,646,847,952.00||20.6x|
|Sat, 04 Apr 2020||AU$10.8b||AU$16.6b||-AU$1,450,618,462.00||19.6x|
|Tue, 07 Jan 2020||AU$16.3b||AU$17.4b||-AU$1,323,695,438.00||32.6x|
|Mon, 30 Sep 2019||AU$14.9b||AU$20.7b||AU$937.4m||23.2x|
|Thu, 04 Jul 2019||AU$19.5b||AU$20.4b||AU$935.3m||20.6x|
|Sun, 07 Apr 2019||AU$20.1b||AU$20.3b||AU$960.7m||18.8x|
|Wed, 09 Jan 2019||AU$17.7b||AU$19.9b||AU$967.5m||16.1x|
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 15.7x which is lower than its 3-year average PE of 20.3x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: Total earnings for the Construction industry have declined over the last three years, with the industry now making a loss overall. Revenues have declined 3.1% per year. This means overall sales are declining and profits are subsequently falling as well.
Which industries have driven the changes within the Australian Construction industry?
|Construction and Engineering||-0.22%|
Industry PE: Investors are most optimistic about the Construction and Engineering industry even though it's trading below its 3-year average PE ratio of 20.3x. This is likely because analysts are expecting annual earnings growth of 29%, which is higher than its past year's earnings growth of 25% per year.
Forecasted Growth: Analysts are most optimistic on the Construction and Engineering industry, expecting annual earnings growth of 29% over the next 5 years. This is roughly in line with its past earnings growth rate.
Which companies have driven the market over the last 7 days?
MAAS Group Holdings
Johns Lyng Group
Ventia Services Group
Southern Cross Electrical Engineering
Dynamic Group Holdings