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Australian (ASX) Market Analysis & Valuation

UpdatedNov 11, 2025
DataAggregated Company Financials
Companies1566
  • 7D-0.2%
  • 3M0.2%
  • 1Y6.6%
  • YTD7.4%

The Energy sector gained 3.2% while the market remained flat over the last week. More promisingly, the market is up 6.6% 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
Thu, 13 Nov 2025AU$3.0tAU$1.2tAU$110.2b21x27.1x2.5x
Sat, 11 Oct 2025AU$3.0tAU$1.2tAU$110.7b21.2x27.4x2.5x
Mon, 08 Sep 2025AU$3.0tAU$1.2tAU$111.4b20.5x26.9x2.5x
Wed, 06 Aug 2025AU$3.0tAU$1.2tAU$103.7b18.9x28.5x2.4x
Fri, 04 Jul 2025AU$2.9tAU$1.2tAU$102.2b18.5x28.2x2.4x
Sun, 01 Jun 2025AU$2.8tAU$1.2tAU$102.9b18.1x27.4x2.3x
Tue, 29 Apr 2025AU$2.7tAU$1.2tAU$104.1b17.3x25.5x2.2x
Thu, 27 Mar 2025AU$2.6tAU$1.2tAU$104.6b17.6x25.3x2.2x
Sat, 22 Feb 2025AU$2.8tAU$1.2tAU$99.0b18.9x28x2.4x
Mon, 20 Jan 2025AU$2.7tAU$1.2tAU$90.2b19.3x30.4x2.3x
Wed, 18 Dec 2024AU$2.7tAU$1.2tAU$89.3b20.4x30.7x2.3x
Fri, 15 Nov 2024AU$2.7tAU$1.2tAU$88.3b19.4x30.7x2.3x
Sun, 13 Oct 2024AU$2.7tAU$1.2tAU$87.6b19.5x31.1x2.4x
Tue, 10 Sep 2024AU$2.6tAU$1.2tAU$88.2b19.1x29.8x2.3x
Thu, 08 Aug 2024AU$2.5tAU$1.2tAU$92.0b18.7x27.5x2.2x
Sat, 06 Jul 2024AU$2.6tAU$1.2tAU$91.2b19.1x28.5x2.3x
Mon, 03 Jun 2024AU$2.6tAU$1.2tAU$92.2b18.9x27.9x2.2x
Wed, 01 May 2024AU$2.6tAU$1.2tAU$91.4b19.5x28x2.2x
Fri, 29 Mar 2024AU$2.6tAU$1.2tAU$95.9b20.1x27.5x2.2x
Sun, 25 Feb 2024AU$2.6tAU$1.2tAU$104.4b19.3x24.5x2.2x
Tue, 23 Jan 2024AU$2.5tAU$1.2tAU$115.5b18.6x21.7x2.1x
Thu, 21 Dec 2023AU$2.5tAU$1.2tAU$114.9b18.7x21.9x2.2x
Sat, 18 Nov 2023AU$2.4tAU$1.2tAU$116.9b18x20.2x2x
Mon, 16 Oct 2023AU$2.4tAU$1.2tAU$120.0b17.8x19.8x2x
Wed, 13 Sep 2023AU$2.4tAU$1.2tAU$120.5b18.1x20.2x2x
Fri, 11 Aug 2023AU$2.5tAU$1.2tAU$144.8b16.8x17.1x2.1x
Sun, 09 Jul 2023AU$2.4tAU$1.2tAU$145.3b16.1x16.3x2x
Tue, 06 Jun 2023AU$2.4tAU$1.2tAU$146.2b16.1x16.5x2.1x
Thu, 04 May 2023AU$2.4tAU$1.2tAU$144.4b16.3x16.7x2.1x
Sat, 01 Apr 2023AU$2.4tAU$1.2tAU$144.6b16x16.7x2.1x
Mon, 27 Feb 2023AU$2.5tAU$1.1tAU$139.3b16.7x17.6x2.2x
Wed, 25 Jan 2023AU$2.5tAU$1.1tAU$146.2b16.1x17.2x2.3x
Fri, 23 Dec 2022AU$2.4tAU$1.1tAU$148.9b14.9x16.1x2.2x
Sun, 20 Nov 2022AU$2.4tAU$1.1tAU$149.8b14.7x16.1x2.2x
Price to Earnings Ratio

16.1x


Total Market Cap: AU$2.4tTotal Earnings: AU$149.8bTotal Revenue: AU$1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Market Price to Earnings3Y Average 24x202320242025
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 27.1x which is higher than its 3-year average PE of 24.0x.
Past Earnings Growth
  • The earnings for Australian listed companies have declined 9.7% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.2% 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-0.15%
Energy3.16%
Utilities3.11%
Materials2.01%
Telecom1.84%
Consumer Staples1.25%
Real Estate0.32%
Healthcare0.29%
Industrials-0.025%
Consumer Discretionary-1.28%
Financials-2.03%
Tech-2.68%
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 (23.0%) 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 12.4x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 23% 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 6.0% 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
ANZ ANZ Group HoldingsAU$38.855.5%
+AU$6.0b		24.2%PB1.6xFinancials
BHP BHP GroupAU$43.061.7%
+AU$3.7b		6.2%PE15.8xMaterials
NST Northern Star ResourcesAU$26.3510.7%
+AU$3.6b		59.3%PE28.1xMaterials
WDS Woodside Energy GroupAU$26.927.0%
+AU$3.3b		13.6%PE11.3xEnergy
EVN Evolution MiningAU$11.5011.3%
+AU$2.4b		147.8%PE25.2xMaterials
See more

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AU$204.83
Macquarie Group
7D
-5.4%
1Y
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ALL
AU$59.42
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7D
-5.8%
1Y
-10.8%
360
AU$39.81
Life360
7D
-18.0%
1Y
77.8%
QBE
AU$20.57
QBE Insurance Group
7D
5.6%
1Y
10.2%
NST
AU$26.35
Northern Star Resources
7D
10.7%
1Y
59.3%

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ANZ
AU$38.85
ANZ Group Holdings
7D
5.5%
1Y
24.2%
NAB
AU$42.67
National Australia Bank
7D
-4.2%
1Y
11.4%
EVN
AU$11.50
Evolution Mining
7D
11.3%
1Y
147.8%

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BHP
AU$43.06
BHP Group
7D
1.7%
1Y
6.2%
GMG
AU$30.54
Goodman Group
7D
-2.2%
1Y
-16.4%

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JHX
AU$25.81
James Hardie Industries
7D
-12.4%
1Y
-51.6%

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WBC
AU$39.86
Westpac Banking
7D
-0.9%
1Y
24.5%
WDS
AU$26.92
Woodside Energy Group
7D
7.0%
1Y
13.6%

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CBA
AU$158.38
Commonwealth Bank of Australia
7D
-10.2%
1Y
5.9%

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AU$15.18
Transurban Group
7D
4.2%
1Y
21.3%

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TLS
AU$5.10
Telstra Group
7D
3.9%
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32.5%

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