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Australian (ASX) Market Analysis & Valuation

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies1565
  • 7D-1.6%
  • 3M-3.3%
  • 1Y3.8%
  • YTD5.0%

Over the last 7 days, the market has dropped 1.6%, driven by a decline of 4.7% in the Financials sector. Meanwhile, the Materials sector has outperformed, gaining 4.0% in that time. In contrast to the last week, the market is actually up 3.8% over the past year. As for the next few years, earnings are expected to grow by 12% per annum.

Trending IndustriesOil and GasGoldBiotechSoftwareRenewable Energy

Market Valuation and Performance

Has the Australian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 17 Nov 2025AU$3.0tAU$1.2tAU$109.9b21.3x26.9x2.5x
Wed, 15 Oct 2025AU$3.0tAU$1.2tAU$111.3b21.3x27.1x2.5x
Fri, 12 Sep 2025AU$3.0tAU$1.2tAU$111.2b20.6x26.7x2.5x
Sun, 10 Aug 2025AU$3.0tAU$1.2tAU$104.0b19.2x28.6x2.5x
Tue, 08 Jul 2025AU$2.9tAU$1.2tAU$102.7b18.5x28.1x2.4x
Thu, 05 Jun 2025AU$2.9tAU$1.2tAU$102.7b17.9x27.8x2.4x
Sat, 03 May 2025AU$2.7tAU$1.2tAU$100.3b17.6x27.3x2.3x
Mon, 31 Mar 2025AU$2.7tAU$1.2tAU$105.1b17.6x25.3x2.2x
Wed, 26 Feb 2025AU$2.7tAU$1.2tAU$97.3b18.6x28.2x2.3x
Fri, 24 Jan 2025AU$2.8tAU$1.2tAU$89.8b19.1x30.8x2.4x
Sun, 22 Dec 2024AU$2.7tAU$1.2tAU$89.8b19.8x29.7x2.3x
Tue, 19 Nov 2024AU$2.7tAU$1.2tAU$88.3b19.5x31x2.3x
Thu, 17 Oct 2024AU$2.7tAU$1.2tAU$87.9b19.7x31.2x2.4x
Sat, 14 Sep 2024AU$2.7tAU$1.2tAU$88.0b19.6x30.3x2.3x
Mon, 12 Aug 2024AU$2.6tAU$1.2tAU$92.6b18.9x27.6x2.2x
Wed, 10 Jul 2024AU$2.6tAU$1.2tAU$91.2b19.2x28.4x2.2x
Fri, 07 Jun 2024AU$2.6tAU$1.2tAU$92.3b19.5x28.2x2.2x
Sun, 05 May 2024AU$2.5tAU$1.2tAU$93.8b19.6x27.2x2.2x
Tue, 02 Apr 2024AU$2.6tAU$1.2tAU$95.3b20.2x27.7x2.2x
Thu, 29 Feb 2024AU$2.6tAU$1.2tAU$95.4b19.5x26.9x2.2x
Sat, 27 Jan 2024AU$2.5tAU$1.2tAU$115.6b18.9x21.8x2.2x
Mon, 25 Dec 2023AU$2.5tAU$1.2tAU$114.6b18.7x22x2.2x
Wed, 22 Nov 2023AU$2.4tAU$1.2tAU$116.3b18x20.4x2x
Fri, 20 Oct 2023AU$2.4tAU$1.2tAU$119.9b17.7x19.6x2x
Sun, 17 Sep 2023AU$2.5tAU$1.2tAU$120.3b18.2x20.4x2.1x
Tue, 15 Aug 2023AU$2.5tAU$1.2tAU$145.3b17x16.9x2.1x
Thu, 13 Jul 2023AU$2.4tAU$1.2tAU$145.2b16.2x16.5x2.1x
Sat, 10 Jun 2023AU$2.4tAU$1.2tAU$145.0b16x16.4x2.1x
Mon, 08 May 2023AU$2.4tAU$1.2tAU$144.2b16.2x16.8x2.1x
Wed, 05 Apr 2023AU$2.4tAU$1.2tAU$143.9b15.9x16.9x2.1x
Fri, 03 Mar 2023AU$2.4tAU$1.2tAU$144.5b16.2x16.9x2.1x
Sun, 29 Jan 2023AU$2.5tAU$1.1tAU$145.5b16.3x17.3x2.3x
Tue, 27 Dec 2022AU$2.4tAU$1.1tAU$149.0b14.8x16x2.2x
Thu, 24 Nov 2022AU$2.4tAU$1.1tAU$150.3b14.7x16.2x2.2x
Price to Earnings Ratio

16.2x


Total Market Cap: AU$2.4tTotal Earnings: AU$150.3bTotal Revenue: AU$1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Market Price to Earnings3Y Average 24.1x202320242025
Current Market PE
  • Investors are optimistic on the Australian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 26.9x which is higher than its 3-year average PE of 24.0x.
Past Earnings Growth
  • The earnings for Australian listed companies have declined 10.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.0% 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 decreased profits.

Sector Trends

Which sectors have driven the changes within the Australian Market?

AU Market-1.55%
Materials4.04%
Energy1.32%
Utilities1.10%
Consumer Staples-0.015%
Industrials-0.30%
Healthcare-0.74%
Consumer Discretionary-1.39%
Real Estate-2.47%
Financials-4.66%
Telecom-5.05%
Tech-7.68%
Sector PE
  • Investors favour the Tech sector the most for future growth which is trading above its 3-year average PE ratio.
    • Analysts expect its future annual earnings growth (22.4%) to be largely in line with prior year's earnings growth.
    • The market's confidence could indicate that the market believes that analysts are underestimating future growth.
  • The Energy sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 12.5x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 22% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Financials sector is expected to see its earnings grow by 5.7% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
NST Northern Star ResourcesAU$26.508.9%
+AU$3.1b		67.2%PE28.3xMaterials
PLS Pilbara MineralsAU$3.8230.4%
+AU$2.9b		20.9%PS16xMaterials
EVN Evolution MiningAU$11.578.5%
+AU$1.8b		150.4%PE25.4xMaterials
MIN Mineral ResourcesAU$50.7419.2%
+AU$1.6b		51.3%PS2.2xMaterials
IGO IGOAU$6.7334.9%
+AU$1.3b		32.2%PS9.6xMaterials
See more

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7D
43.6%
1Y
71.3%
NST
AU$26.50
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7D
8.9%
1Y
67.2%
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AU$6.62
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3.9%
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XRO
AU$122.36
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7D
-13.7%
1Y
-29.1%
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AU$37.12
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7D
-20.4%
1Y
63.2%

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AU$11.57
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ALL
AU$57.40
Aristocrat Leisure
7D
-8.3%
1Y
-15.0%
MIN
AU$50.74
Mineral Resources
7D
19.2%
1Y
51.3%
ANZ
AU$35.99
ANZ Group Holdings
7D
-2.2%
1Y
10.9%
NAB
AU$41.48
National Australia Bank
7D
-4.5%
1Y
5.8%
GMG
AU$29.57
Goodman Group
7D
-4.2%
1Y
-21.1%

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TPG
AU$3.80
TPG Telecom
7D
-32.7%
1Y
-14.6%
CSL
AU$181.81
CSL
7D
1.6%
1Y
-34.4%

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PLS
AU$3.82
Pilbara Minerals
7D
30.4%
1Y
20.9%

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IGO
AU$6.73
IGO
7D
34.9%
1Y
32.2%
CBA
AU$157.30
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7D
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1Y
1.4%

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