James Hardie Industries plc (ASX:JHX) Shares Slammed 26% But Getting In Cheap Might Be Difficult Regardless
Nov 15
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Australian (ASX) Basic Materials Industry Analysis
UpdatedNov 14, 2025
DataAggregated Company Financials
Companies3
- 7D-1.0%
- 3M-41.6%
- 1Y-52.7%
- YTD-46.6%
Over the last 7 days, the Basic Materials industry has dropped 1.0%, driven by a pullback from James Hardie Industries of 1.3%. Overall the industry is down 53% in 12 months. As for the next few years, earnings are expected to grow by 24% per annum.
Industry Valuation and Performance
Has the Australian Basic Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 17 Nov 2025 | AU$15.7b | AU$6.2b | AU$523.6m | 29.6x | 29.9x | 2.5x |
| Wed, 15 Oct 2025 | AU$19.4b | AU$6.3b | AU$532.9m | 30.5x | 36.4x | 3.1x |
| Fri, 12 Sep 2025 | AU$23.1b | AU$7.2b | AU$473.1m | 27.9x | 48.9x | 3.2x |
| Sun, 10 Aug 2025 | AU$30.5b | AU$7.5b | AU$618.8m | 28.8x | 49.3x | 4.1x |
| Tue, 08 Jul 2025 | AU$24.5b | AU$7.5b | AU$621.3m | 25x | 39.4x | 3.3x |
| Thu, 05 Jun 2025 | AU$22.0b | AU$7.5b | AU$623.4m | 22x | 35.3x | 2.9x |
| Sat, 03 May 2025 | AU$20.6b | AU$7.6b | AU$646.9m | 20.8x | 31.8x | 2.7x |
| Mon, 31 Mar 2025 | AU$20.7b | AU$7.7b | AU$662.2m | 20.3x | 31.3x | 2.7x |
| Wed, 26 Feb 2025 | AU$25.5b | AU$7.7b | AU$572.6m | 30.9x | 44.6x | 3.3x |
| Fri, 24 Jan 2025 | AU$27.5b | AU$7.9b | AU$586.7m | 30.4x | 46.9x | 3.5x |
| Sun, 22 Dec 2024 | AU$26.1b | AU$7.9b | AU$588.0m | 28.1x | 44.3x | 3.3x |
| Tue, 19 Nov 2024 | AU$28.1b | AU$7.7b | AU$566.0m | 29.3x | 49.7x | 3.7x |
| Thu, 17 Oct 2024 | AU$27.6b | AU$7.5b | AU$645.3m | 24.3x | 42.8x | 3.7x |
| Sat, 14 Sep 2024 | AU$26.9b | AU$7.6b | AU$751.7m | 23.3x | 35.8x | 3.6x |
| Mon, 12 Aug 2024 | AU$25.9b | AU$7.7b | AU$766.3m | 26.3x | 33.8x | 3.4x |
| Wed, 10 Jul 2024 | AU$28.8b | AU$10.1b | AU$978.4m | 22.7x | 29.4x | 2.8x |
| Fri, 07 Jun 2024 | AU$36.9b | AU$15.8b | AU$1.3b | 23.2x | 28.5x | 2.3x |
| Sun, 05 May 2024 | AU$40.2b | AU$15.7b | AU$1.3b | 26x | 30.6x | 2.6x |
| Tue, 02 Apr 2024 | AU$44.3b | AU$15.8b | AU$1.3b | 27.3x | 33.5x | 2.8x |
| Thu, 29 Feb 2024 | AU$43.4b | AU$15.9b | AU$1.7b | 23.6x | 25x | 2.7x |
| Sat, 27 Jan 2024 | AU$39.8b | AU$15.3b | AU$1.6b | 25.8x | 24.7x | 2.6x |
| Mon, 25 Dec 2023 | AU$39.1b | AU$15.1b | AU$1.6b | 25.9x | 24.6x | 2.6x |
| Wed, 22 Nov 2023 | AU$35.1b | AU$15.3b | AU$1.6b | 21.1x | 21.7x | 2.3x |
| Fri, 20 Oct 2023 | AU$30.8b | AU$15.5b | AU$1.7b | 17.1x | 18.3x | 2x |
| Sun, 17 Sep 2023 | AU$32.8b | AU$15.3b | AU$1.9b | 19x | 17.1x | 2.1x |
| Tue, 15 Aug 2023 | AU$34.6b | AU$15.1b | AU$1.9b | 21.8x | 18.1x | 2.3x |
| Thu, 13 Jul 2023 | AU$30.0b | AU$14.7b | AU$1.8b | 19.1x | 16.9x | 2x |
| Sat, 10 Jun 2023 | AU$29.1b | AU$14.6b | AU$1.8b | 18.4x | 16.4x | 2x |
| Mon, 08 May 2023 | AU$26.8b | AU$14.5b | AU$1.7b | 16.3x | 15.6x | 1.8x |
| Wed, 05 Apr 2023 | AU$25.2b | AU$14.5b | AU$1.7b | 15.3x | 14.6x | 1.7x |
| Fri, 03 Mar 2023 | AU$24.7b | AU$14.5b | AU$1.9b | 14.9x | 12.8x | 1.7x |
| Sun, 29 Jan 2023 | AU$25.4b | AU$13.9b | AU$1.9b | 11.5x | 13.3x | 1.8x |
| Tue, 27 Dec 2022 | AU$21.7b | AU$14.2b | AU$2.0b | 10.4x | 11.1x | 1.5x |
| Thu, 24 Nov 2022 | AU$23.3b | AU$14.3b | AU$2.0b | 10.6x | 11.9x | 1.6x |
Price to Earnings Ratio
11.9x
Current Industry PE
- There are only 3 companies in the Australian Basic Materials industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Basic Materials industry have declined 36% per year over the last three years,
- Revenues have also declined 24% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Australian Materials industry?
| AU Market | -1.55% | |
| Materials | 4.04% | |
| Basic Materials | -1.05% | |
| Construction Materials | -1.05% | |
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 | |
|---|---|---|---|---|---|
| WGN Wagners Holding | AU$3.33 | 3.7% +AU$24.0m | 156.2% | PE29.3x | |
| GT3 Green360 Technologies | AU$0.034 | 3.0% +AU$1.2m | -27.7% | PS3.1x |