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- 7D-0.9%
- 3M-32.6%
- 1Y-37.7%
- YTDn/a
In the last week, the Application Software industry is up 1.1%, with Xero up 2.3%. However, the industry is down 37% over the past year. Earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the Australian Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 03 Apr 2026 | AU$49.5b | AU$8.4b | AU$819.1m | 21.2x | 60.5x | 5.9x |
| Sun, 01 Mar 2026 | AU$56.6b | AU$8.3b | AU$657.6m | 32.1x | 86x | 6.8x |
| Tue, 27 Jan 2026 | AU$69.8b | AU$8.0b | AU$698.2m | 32.6x | 100x | 8.8x |
| Thu, 25 Dec 2025 | AU$74.7b | AU$8.1b | AU$708.8m | 37.8x | 105.4x | 9.3x |
| Sat, 22 Nov 2025 | AU$75.6b | AU$8.2b | AU$737.6m | 36.7x | 102.5x | 9.2x |
| Mon, 20 Oct 2025 | AU$94.0b | AU$8.0b | AU$697.1m | 35.2x | 134.8x | 11.8x |
| Wed, 17 Sep 2025 | AU$99.8b | AU$7.9b | AU$695.9m | 34.2x | 143.4x | 12.6x |
| Fri, 15 Aug 2025 | AU$104.1b | AU$7.9b | AU$617.3m | 76.3x | 168.7x | 13.2x |
| Sun, 13 Jul 2025 | AU$100.5b | AU$7.8b | AU$586.8m | 53.8x | 171.3x | 12.8x |
| Tue, 10 Jun 2025 | AU$100.2b | AU$7.8b | AU$590.6m | 78.7x | 169.6x | 12.8x |
| Thu, 08 May 2025 | AU$85.3b | AU$7.6b | AU$532.6m | 67.8x | 160.1x | 11.2x |
| Sat, 05 Apr 2025 | AU$72.6b | AU$7.8b | AU$476.7m | 57.2x | 152.2x | 9.3x |
| Mon, 03 Mar 2025 | AU$85.1b | AU$7.8b | AU$474.4m | 59.5x | 179.3x | 11x |
| Wed, 29 Jan 2025 | AU$97.1b | AU$7.5b | AU$362.2m | 68.3x | 268.2x | 13x |
| Fri, 27 Dec 2024 | AU$97.6b | AU$7.6b | AU$346.4m | 67.8x | 281.9x | 12.9x |
| Sun, 24 Nov 2024 | AU$96.8b | AU$7.5b | AU$348.4m | 64x | 277.9x | 12.9x |
| Tue, 22 Oct 2024 | AU$85.6b | AU$7.2b | AU$283.9m | 63.8x | 301.5x | 11.8x |
| Thu, 19 Sep 2024 | AU$91.3b | AU$7.3b | AU$277.6m | 67.8x | 329x | 12.6x |
| Sat, 17 Aug 2024 | AU$76.9b | AU$7.1b | -AU$6,474,699.69 | 61.7x | -11872x | 10.8x |
| Mon, 15 Jul 2024 | AU$84.7b | AU$7.6b | AU$248.8k | 61.7x | 340478.1x | 11.2x |
| Wed, 12 Jun 2024 | AU$82.8b | AU$7.7b | AU$4.5m | 59.8x | 18572.8x | 10.8x |
| Fri, 10 May 2024 | AU$80.7b | AU$7.4b | -AU$227,100,430.30 | 62.3x | -355.5x | 10.9x |
| Sun, 07 Apr 2024 | AU$77.7b | AU$7.4b | -AU$288,095,048.00 | 61.5x | -269.8x | 10.4x |
| Tue, 05 Mar 2024 | AU$81.5b | AU$7.6b | -AU$339,657,576.01 | 61.7x | -240.1x | 10.8x |
| Thu, 01 Feb 2024 | AU$68.9b | AU$8.1b | -AU$927,265,088.00 | 60.4x | -74.3x | 8.5x |
| Sat, 30 Dec 2023 | AU$69.4b | AU$8.1b | -AU$925,994,828.00 | 59.9x | -75x | 8.6x |
| Mon, 27 Nov 2023 | AU$62.2b | AU$8.1b | -AU$927,031,940.00 | 57.9x | -67.1x | 7.7x |
| Wed, 25 Oct 2023 | AU$61.4b | AU$7.8b | -AU$995,912,247.00 | 55.1x | -61.6x | 7.9x |
| Fri, 22 Sep 2023 | AU$66.2b | AU$7.8b | -AU$994,585,617.00 | 60.7x | -66.6x | 8.5x |
| Sun, 20 Aug 2023 | AU$71.2b | AU$7.6b | -AU$713,389,310.00 | 49.3x | -99.8x | 9.4x |
| Tue, 18 Jul 2023 | AU$71.9b | AU$7.4b | -AU$760,899,020.00 | 48x | -94.5x | 9.7x |
| Thu, 15 Jun 2023 | AU$68.2b | AU$7.4b | -AU$765,470,631.00 | 49.3x | -89.1x | 9.2x |
| Sat, 13 May 2023 | AU$62.6b | AU$7.3b | -AU$732,549,018.00 | 47x | -85.5x | 8.6x |
| Mon, 10 Apr 2023 | AU$60.4b | AU$7.3b | -AU$728,066,203.00 | 43.8x | -82.9x | 8.3x |
Price to Earnings Ratio
-82.9x
Current Industry PE
- Investors are pessimistic on the Australian Application Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 63.3x which is lower than its 3-year average PE of 2kx.
- The 3-year average PS ratio of 10.4x is higher than the industry's current PS ratio of 6.2x.
Past Earnings Growth
- Total earnings for the Application Software industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 4.7% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Australian Application Software compare with similar industries?
| AU Market | 0.42% | |
| Tech | -2.73% | |
| Software | -0.80% | |
| Application Software | -0.85% | |
| Systems Software | 4.18% | |
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 | |
|---|---|---|---|---|---|
| XRO Xero | AU$74.06 | 2.3% +AU$283.1m | -50.8% | PE56.8x | |
| ESK Etherstack | AU$0.65 | 9.2% +AU$7.8m | 140.7% | PS6.3x | |
| COS COSOL | AU$0.23 | 20.5% +AU$7.3m | -68.9% | PE12x | |
| DUB Dubber | AU$0.014 | 12.0% +AU$4.1m | -53.3% | PS0.9x | |
| ACE Acusensus | AU$1.50 | 1.4% +AU$3.4m | 44.9% | PS3.6x |
