Australian (ASX) IT Consulting Industry Analysis

UpdatedMay 04, 2026

DataAggregated Company Financials

Companies9

7D-4.9%
3M-20.5%
1Y0.9%
YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 4.9%, driven by Appen declining 23%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 28% per annum.

Industry Valuation and Performance

Has the Australian IT Consulting Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 04 May 2026	AU$2.0b	AU$1.8b	AU$15.6m	33.4x	126.7x	1.1x
Wed, 01 Apr 2026	AU$1.8b	AU$1.8b	AU$14.0m	32.4x	131.5x	1x
Fri, 27 Feb 2026	AU$2.0b	AU$1.8b	AU$26.1m	32.7x	78.4x	1.2x
Sun, 25 Jan 2026	AU$2.3b	AU$1.7b	AU$24.3m	41.8x	96.8x	1.4x
Tue, 23 Dec 2025	AU$2.2b	AU$1.7b	AU$23.1m	34.2x	96.3x	1.3x
Thu, 20 Nov 2025	AU$2.1b	AU$1.7b	AU$22.3m	37.3x	95.5x	1.2x
Sat, 18 Oct 2025	AU$2.2b	AU$1.7b	AU$22.2m	31.2x	97.8x	1.3x
Mon, 15 Sep 2025	AU$2.3b	AU$1.7b	AU$23.1m	32.3x	101.1x	1.4x
Wed, 13 Aug 2025	AU$2.0b	AU$1.7b	AU$20.2m	27.7x	101x	1.2x
Fri, 11 Jul 2025	AU$2.1b	AU$1.7b	AU$18.5m	36.1x	111.5x	1.2x
Sun, 08 Jun 2025	AU$2.0b	AU$1.7b	AU$18.2m	30.9x	109.6x	1.2x
Tue, 06 May 2025	AU$1.9b	AU$1.7b	AU$18.1m	32.3x	106.4x	1.1x
Thu, 03 Apr 2025	AU$1.9b	AU$1.7b	AU$17.2m	27x	108.5x	1.1x
Sat, 01 Mar 2025	AU$2.1b	AU$1.7b	AU$16.8m	29.9x	126x	1.2x
Mon, 27 Jan 2025	AU$2.2b	AU$1.6b	-AU$94,646,018.00	63.7x	-23x	1.4x
Wed, 25 Dec 2024	AU$2.0b	AU$1.6b	-AU$96,320,648.10	58.3x	-21.2x	1.3x
Fri, 22 Nov 2024	AU$2.2b	AU$1.5b	-AU$90,029,220.10	52x	-24.7x	1.4x
Sun, 20 Oct 2024	AU$2.1b	AU$1.5b	-AU$86,115,581.80	52.3x	-24.5x	1.4x
Tue, 17 Sep 2024	AU$1.9b	AU$1.5b	-AU$84,974,708.30	48.1x	-22.6x	1.3x
Thu, 15 Aug 2024	AU$1.8b	AU$3.3b	-AU$128,441,443.50	29.9x	-14x	0.5x
Sat, 13 Jul 2024	AU$1.7b	AU$3.3b	-AU$124,769,186.60	28.6x	-13.2x	0.5x
Mon, 10 Jun 2024	AU$1.7b	AU$3.3b	-AU$129,870,199.40	29.2x	-13x	0.5x
Wed, 08 May 2024	AU$1.7b	AU$3.3b	-AU$129,232,572.80	29.3x	-12.9x	0.5x
Fri, 05 Apr 2024	AU$1.7b	AU$3.3b	-AU$129,043,646.40	30.3x	-13.5x	0.5x
Sun, 03 Mar 2024	AU$1.8b	AU$3.3b	-AU$131,263,531.60	31.9x	-13.3x	0.5x
Tue, 30 Jan 2024	AU$1.9b	AU$3.4b	-AU$365,071,610.00	32.9x	-5.3x	0.6x
Thu, 28 Dec 2023	AU$1.8b	AU$3.4b	-AU$350,492,609.00	32.9x	-5.1x	0.5x
Sat, 25 Nov 2023	AU$1.6b	AU$3.5b	-AU$366,818,906.00	32.3x	-4.4x	0.5x
Mon, 23 Oct 2023	AU$1.6b	AU$3.5b	-AU$383,882,344.00	29x	-4x	0.4x
Wed, 20 Sep 2023	AU$1.6b	AU$3.5b	-AU$374,108,407.00	29.4x	-4.3x	0.5x
Fri, 18 Aug 2023	AU$1.9b	AU$3.3b	-AU$326,222,505.00	24.2x	-5.7x	0.6x
Sun, 16 Jul 2023	AU$1.9b	AU$3.3b	-AU$302,467,026.00	24.1x	-6.1x	0.6x
Tue, 13 Jun 2023	AU$1.9b	AU$3.3b	-AU$306,178,307.00	24.8x	-6x	0.6x
Thu, 11 May 2023	AU$1.7b	AU$3.3b	-AU$306,250,027.00	23.6x	-5.6x	0.5x

Price to Earnings Ratio

-5.6x

Thu, 11 May 2023

Current Industry PE

Investors are optimistic on the Australian IT Consulting and Other Services industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 127x which is higher than its 3-year average PE of 34.5x.

The 3-year average PS ratio of 0.94x is lower than the industry's current PS ratio of 1.1x.

Past Earnings Growth

Total earnings for the IT Consulting and Other Services industry have gone up over the last three years and the industry is now profitable.
Revenues have declined 18% per year.
This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.