Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Australian (ASX) Market Analysis & Valuation

UpdatedJun 15, 2026
DataAggregated Company Financials
Companies1570
  • 7D1.7%
  • 3M2.1%
  • 1Y2.2%
  • YTD-0.7%

Over the last 7 days, the market has risen 1.7%, driven by gains of 7.5% in the Consumer Discretionary sector. In contrast, the Information Technology sector is lagging, dropping 4.5%. As for last year, the market performance has been flat. Earnings are forecast to grow by 12% annually.

Trending IndustriesOil and GasGoldBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Jun 2026AU$2.9tAU$1.2tAU$114.0b17.3x25.8x2.4x
Wed, 13 May 2026AU$2.9tAU$1.2tAU$113.3b17.1x25.7x2.4x
Fri, 10 Apr 2026AU$3.0tAU$1.2tAU$113.9b17.3x26.3x2.5x
Sun, 08 Mar 2026AU$3.0tAU$1.2tAU$111.3b19.3x26.7x2.5x
Tue, 03 Feb 2026AU$3.0tAU$1.2tAU$108.4b21.5x27.5x2.5x
Thu, 01 Jan 2026AU$3.0tAU$1.2tAU$109.8b21.7x27x2.5x
Sat, 29 Nov 2025AU$2.9tAU$1.2tAU$110.4b22x26.5x2.4x
Mon, 27 Oct 2025AU$2.9tAU$1.2tAU$103.6b21.8x28.2x2.5x
Wed, 24 Sep 2025AU$3.0tAU$1.2tAU$110.8b20.5x27.1x2.5x
Fri, 22 Aug 2025AU$3.0tAU$1.2tAU$104.2b18.9x29.1x2.5x
Sun, 20 Jul 2025AU$2.9tAU$1.2tAU$102.6b18.4x28.7x2.4x
Tue, 17 Jun 2025AU$2.9tAU$1.2tAU$102.5b17.9x27.9x2.4x
Thu, 15 May 2025AU$2.8tAU$1.2tAU$103.1b18x26.8x2.3x
Sat, 12 Apr 2025AU$2.5tAU$1.2tAU$105.5b16.9x24.1x2.1x
Mon, 10 Mar 2025AU$2.7tAU$1.2tAU$104.7b17.9x25.3x2.2x
Wed, 05 Feb 2025AU$2.8tAU$1.2tAU$90.8b19.1x30.5x2.4x
Fri, 03 Jan 2025AU$2.7tAU$1.2tAU$90.1b20x30x2.3x
Sun, 01 Dec 2024AU$2.8tAU$1.2tAU$88.2b19.6x31.6x2.4x
Tue, 29 Oct 2024AU$2.7tAU$1.2tAU$88.3b19.8x30.7x2.3x
Thu, 26 Sep 2024AU$2.7tAU$1.2tAU$87.5b19.5x30.7x2.3x
Sat, 24 Aug 2024AU$2.6tAU$1.2tAU$88.1b19.4x30x2.3x
Mon, 22 Jul 2024AU$2.6tAU$1.2tAU$91.2b19.2x29x2.3x
Wed, 19 Jun 2024AU$2.6tAU$1.2tAU$92.3b18.6x28x2.2x
Fri, 17 May 2024AU$2.6tAU$1.2tAU$92.4b19.6x28.4x2.3x
Sun, 14 Apr 2024AU$2.6tAU$1.2tAU$95.3b20.3x27.2x2.2x
Tue, 12 Mar 2024AU$2.6tAU$1.2tAU$96.6b19.6x26.7x2.2x
Thu, 08 Feb 2024AU$2.5tAU$1.2tAU$118.1b19x21.5x2.2x
Sat, 06 Jan 2024AU$2.5tAU$1.2tAU$115.5b18.7x21.8x2.1x
Mon, 04 Dec 2023AU$2.4tAU$1.2tAU$115.5b18x20.5x2x
Wed, 01 Nov 2023AU$2.3tAU$1.2tAU$119.6b17.3x19.1x1.9x
Fri, 29 Sep 2023AU$2.4tAU$1.2tAU$119.6b17.8x19.8x2x
Sun, 27 Aug 2023AU$2.4tAU$1.2tAU$125.3b17.2x19.2x2x
Tue, 25 Jul 2023AU$2.5tAU$1.2tAU$144.7b16.6x17x2.1x
Thu, 22 Jun 2023AU$2.4tAU$1.2tAU$144.6b16.1x16.9x2.1x
Price to Earnings Ratio

16.9x


Total Market Cap: AU$2.4tTotal Earnings: AU$144.6bTotal Revenue: AU$1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Market Price to Earnings3Y Average 25.9x202420252026
Current Market PE
  • Investors are relatively neutral on the Australian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 25.9x.
Past Earnings Growth
  • The earnings for Australian listed companies have declined 7.6% per year over the last three years.
  • Meanwhile revenues have been flat.
  • This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.

Sector Trends

Which sectors have driven the changes within the Australian Market?

AU Market1.68%
Consumer Discretionary7.53%
Consumer Staples6.65%
Real Estate4.62%
Utilities2.76%
Industrials2.73%
Healthcare1.38%
Financials1.05%
Telecom0.96%
Materials0.58%
Energy-0.66%
Tech-4.52%
Sector PE
  • Investors favour the Tech sector the most for future growth which is trading above its 3-year average PE ratio.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 19.8%, which is higher than its past year's earnings growth of 10.8% per year.
  • The Real Estate sector is the least preferred by investors for future growth, which is trading below its 3-year average of 170x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 25% over the next 5 years.
  • This is better than its past earnings growth rate of 19% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 5.1% 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
BHP BHP GroupAU$65.186.4%
+AU$20.0b		74.1%PE22.9xMaterials
WES WesfarmersAU$86.239.2%
+AU$8.3b		2.3%PE32xConsumer Discretionary
MQG Macquarie GroupAU$247.254.6%
+AU$4.0b		16.1%PE19.3xFinancials
CSL CSLAU$105.537.8%
+AU$3.7b		-55.9%PE26xHealthcare
WOW Woolworths GroupAU$38.237.1%
+AU$3.1b		20.2%PE78.1xConsumer Staples
See more

Market Insights

Header cover image
Software stocks crashed on fears AI would make them obsolete, then they came roaring back. This edition of Market Insights aims to hand investors a repeatable playbook for separating real risk from market panic.
Continue reading
The gravity of the SpaceX IPO

Latest News

BHP
AU$65.18
BHP Group
7D
6.4%
1Y
74.1%
BXB
AU$18.91
Brambles
7D
11.8%
1Y
-17.8%
REA
AU$143.75
REA Group
7D
-9.5%
1Y
-39.4%
MQG
AU$247.25
Macquarie Group
7D
4.6%
1Y
16.1%
CSL
AU$105.53
CSL
7D
7.8%
1Y
-55.9%
SIG
AU$2.80
Sigma Healthcare
7D
-4.1%
1Y
-13.6%
WDS
AU$29.46
Woodside Energy Group
7D
-4.7%
1Y
13.5%
NAB
AU$37.46
National Australia Bank
7D
2.4%
1Y
-3.8%
XRO
AU$73.35
Xero
7D
-7.5%
1Y
-61.6%
STO
AU$7.39
Santos
7D
-5.5%
1Y
-4.3%
WOW
AU$38.23
Woolworths Group
7D
7.1%
1Y
20.2%
Narrative Update • Jun 12

WOW: Cost Cuts And Modest Model Tweaks Will Shape A Steady Outlook

Analysts have made a small upward adjustment to Woolworths Group's fair value estimate, with the price target moving from A$34.80 to A$34.84 as they refresh inputs such as the discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News Woolworths Group plans to offshore hundreds of corporate roles as part of a new cost-cutting program, according to recent news reports (source: recent news stories).
WES
AU$86.23
Wesfarmers
7D
9.2%
1Y
2.3%
WHC
AU$8.45
Whitehaven Coal
7D
-9.8%
1Y
46.4%
YAL
AU$6.07
Yancoal Australia
7D
-12.9%
1Y
3.8%
NXT
AU$14.81
NEXTDC
7D
-6.6%
1Y
6.1%
EVN
AU$12.93
Evolution Mining
7D
10.2%
1Y
52.8%
Narrative Update • Jun 05

EVN: Copper Exposure And Lithium JV Will Support More Resilient Margins

Narrative Update on Evolution Mining The analyst price target for Evolution Mining has been revised slightly higher to A$13.91, with analysts noting expectations for wider margins supported by copper exposure and updated commodity price assumptions following recent upgrades across several firms. Analyst Commentary Recent research updates on Evolution Mining have focused on valuation, copper exposure and revised commodity price assumptions, with several firms revisiting their ratings and targets following share price moves and changes to their forecasts.