What Life360, Inc.'s (ASX:360) 58% Share Price Gain Is Not Telling You
May 29
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Australian (ASX) Application Software Industry Analysis
UpdatedMay 29, 2025
DataAggregated Company Financials
Companies65
- 7D3.7%
- 3M13.1%
- 1Y34.0%
- YTDn/a
The Application Software industry is up 3.5% in the last week, with WiseTech Global up 6.3%. This takes the industry's 12 month performance to a gain of 32%. Earnings are forecast to grow by 26% 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 |
|---|---|---|---|---|---|---|
| Thu, 29 May 2025 | AU$99.5b | AU$7.9b | AU$593.3m | 98.6x | 167.8x | 12.6x |
| Sat, 26 Apr 2025 | AU$80.1b | AU$7.7b | AU$537.2m | 61.1x | 149.2x | 10.5x |
| Mon, 24 Mar 2025 | AU$80.4b | AU$7.8b | AU$470.0m | 59.6x | 171x | 10.4x |
| Wed, 19 Feb 2025 | AU$101.7b | AU$7.5b | AU$419.8m | 54.8x | 242.3x | 13.6x |
| Fri, 17 Jan 2025 | AU$92.8b | AU$7.5b | AU$361.3m | 67.3x | 256.7x | 12.4x |
| Sun, 15 Dec 2024 | AU$97.0b | AU$7.5b | AU$348.5m | 66.2x | 278.4x | 12.9x |
| Tue, 12 Nov 2024 | AU$97.0b | AU$7.3b | AU$282.5m | 64x | 343.3x | 13.4x |
| Thu, 10 Oct 2024 | AU$94.3b | AU$7.2b | AU$284.1m | 66.1x | 331.8x | 13x |
| Sat, 07 Sep 2024 | AU$87.1b | AU$7.3b | AU$283.5m | 66.4x | 307.2x | 11.9x |
| Mon, 05 Aug 2024 | AU$74.9b | AU$7.1b | -AU$97,667,071.26 | 61.4x | -767.1x | 10.5x |
| Wed, 03 Jul 2024 | AU$82.7b | AU$7.6b | AU$1.9m | 57.7x | 44279.3x | 10.9x |
| Fri, 31 May 2024 | AU$82.5b | AU$7.6b | -AU$775,872.07 | 61.8x | -106392.9x | 10.8x |
| Sun, 28 Apr 2024 | AU$77.6b | AU$7.5b | -AU$272,535,086.90 | 63.2x | -284.6x | 10.4x |
| Tue, 26 Mar 2024 | AU$81.9b | AU$7.5b | -AU$287,617,080.99 | 62.3x | -284.8x | 11x |
| Thu, 22 Feb 2024 | AU$74.7b | AU$7.4b | -AU$455,832,351.82 | 51.5x | -164x | 10x |
| Sat, 20 Jan 2024 | AU$69.2b | AU$8.1b | -AU$927,155,149.00 | 58.8x | -74.7x | 8.5x |
| Mon, 18 Dec 2023 | AU$68.2b | AU$8.1b | -AU$926,220,854.00 | 60.6x | -73.7x | 8.4x |
| Wed, 15 Nov 2023 | AU$62.4b | AU$8.1b | -AU$980,976,747.00 | 56.3x | -63.6x | 7.7x |
| Fri, 13 Oct 2023 | AU$66.1b | AU$7.8b | -AU$988,819,624.00 | 59.5x | -66.9x | 8.5x |
| Sun, 10 Sep 2023 | AU$68.4b | AU$7.8b | -AU$995,004,156.00 | 60.7x | -68.8x | 8.8x |
| Tue, 08 Aug 2023 | AU$73.9b | AU$7.5b | -AU$763,865,852.00 | 51.4x | -96.7x | 9.9x |
| Thu, 06 Jul 2023 | AU$68.8b | AU$7.5b | -AU$762,059,236.00 | 50.7x | -90.2x | 9.2x |
| Sat, 03 Jun 2023 | AU$68.3b | AU$7.5b | -AU$789,109,887.00 | 45.8x | -86.6x | 9.2x |
| Mon, 01 May 2023 | AU$62.0b | AU$7.3b | -AU$729,650,789.00 | 48.1x | -84.9x | 8.5x |
| Wed, 29 Mar 2023 | AU$58.0b | AU$7.3b | -AU$726,897,596.00 | 44.4x | -79.7x | 8x |
| Fri, 24 Feb 2023 | AU$56.6b | AU$7.1b | -AU$498,061,075.00 | 53.4x | -113.7x | 8x |
| Sun, 22 Jan 2023 | AU$55.0b | AU$6.9b | -AU$563,604,152.00 | 52.8x | -97.7x | 8x |
| Tue, 20 Dec 2022 | AU$54.4b | AU$6.9b | -AU$572,058,210.00 | 52x | -95.1x | 7.8x |
| Thu, 17 Nov 2022 | AU$54.6b | AU$6.8b | -AU$580,994,458.00 | 50.9x | -94x | 8x |
| Sat, 15 Oct 2022 | AU$52.5b | AU$6.7b | -AU$548,922,836.00 | 46.3x | -95.6x | 7.9x |
| Mon, 12 Sep 2022 | AU$58.4b | AU$6.6b | -AU$503,987,025.00 | 49.2x | -115.8x | 8.8x |
| Wed, 10 Aug 2022 | AU$58.5b | AU$6.2b | -AU$365,098,781.00 | 27.6x | -160.1x | 9.4x |
| Fri, 08 Jul 2022 | AU$50.3b | AU$6.3b | -AU$365,240,398.00 | 24.9x | -137.8x | 8x |
| Sun, 05 Jun 2022 | AU$51.0b | AU$6.2b | -AU$325,815,999.00 | 29.8x | -156.7x | 8.3x |
Price to Earnings Ratio
-156.7x
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 166x which is lower than its 3-year average PE of 2kx.
- The 3-year average PS ratio of 9.8x is lower than the industry's current PS ratio of 12.5x.
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 8.6% 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 | 0.23% | |
| Tech | 3.44% | |
| Software | 3.71% | |
| Application Software | 3.74% | |
| Systems Software | 0.11% | |
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 | |
|---|---|---|---|---|---|
| WTC WiseTech Global | AU$108.77 | 10.2% +AU$3.3b | 12.0% | PE120.9x | |
| TNE Technology One | AU$40.77 | 7.3% +AU$906.4m | 134.6% | PE100.3x | |
| XRO Xero | AU$185.75 | 3.3% +AU$898.8m | 38.6% | PE135.5x | |
| 360 Life360 | AU$33.37 | 6.9% +AU$493.6m | 125.0% | PE513.2x | |
| BVS Bravura Solutions | AU$2.48 | 15.9% +AU$152.4m | 111.1% | PE15.5x |
