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Has the Australian Electrical Industry valuation changed over the past few years?
|Sun, 28 Nov 2021||AU$1.6b||AU$204.1m||-AU$24,502,598.00||15x|
|Tue, 26 Oct 2021||AU$1.8b||AU$204.1m||-AU$24,366,547.00||15.6x|
|Thu, 23 Sep 2021||AU$366.2m||AU$205.6m||-AU$22,818,018.00||14.9x|
|Sat, 21 Aug 2021||AU$366.2m||AU$205.6m||-AU$22,698,436.54||14.6x|
|Sat, 05 Jun 2021||AU$391.3m||AU$176.8m||-AU$20,900,617.52||29.1x|
|Tue, 09 Mar 2021||AU$370.3m||AU$139.6m||-AU$18,603,434.38||38.8x|
|Mon, 30 Nov 2020||AU$278.7m||AU$144.9m||-AU$18,285,994.10||25.3x|
|Thu, 03 Sep 2020||AU$190.4m||AU$89.5m||-AU$20,363,869.85||21.8x|
|Sun, 07 Jun 2020||AU$187.9m||AU$92.0m||-AU$20,067,193.53||17.7x|
|Sat, 29 Feb 2020||AU$165.1m||AU$94.3m||-AU$14,532,331.39||19.4x|
|Tue, 03 Dec 2019||AU$197.3m||AU$93.4m||-AU$15,657,217.30||22.8x|
|Fri, 06 Sep 2019||AU$262.1m||AU$117.9m||-AU$19,752,643.49||17.7x|
|Mon, 10 Jun 2019||AU$254.1m||AU$114.8m||-AU$18,852,300.38||42.9x|
|Sun, 03 Mar 2019||AU$236.6m||AU$98.5m||-AU$18,594,102.58||30.8x|
|Wed, 05 Dec 2018||AU$238.1m||AU$92.3m||-AU$19,668,965.69||50.3x|
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 15.0x which is lower than its 3-year average PE of 25.1x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Electrical industry have deteriorated over the last three years, while revenues for these companies have grown 30% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Which industries have driven the changes within the Australian Electrical industry?
|Heavy Electrical Equipment||-0.42%|
Industry PE: Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 40.0x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Electrical Components industry, which is trading below its 3-year average of 23.8x.
Forecasted Growth: There is insufficient data on the sub-industries of this industry.
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