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Australian (ASX) Market Analysis & Valuation

UpdatedAug 21, 2025
DataAggregated Company Financials
Companies1579
  • 7D0.9%
  • 3M7.2%
  • 1Y10.9%
  • YTD8.2%

In the last week, the market has stayed flat, however the Utilities sector stood out, gaining 4.6%. Meanwhile, the market is actually up 11% over the past year. Looking forward, earnings are forecast to grow by 11% annually.

Trending IndustriesOil and GasGoldBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 22 Aug 2025AU$3.0tAU$1.2tAU$104.8b18.8x28.7x2.5x
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
Sat, 20 May 2023AU$2.4tAU$1.2tAU$145.5b16.2x16.7x2.1x
Mon, 17 Apr 2023AU$2.5tAU$1.2tAU$144.3b16.2x17.1x2.1x
Wed, 15 Mar 2023AU$2.4tAU$1.2tAU$144.2b15.8x16.3x2x
Fri, 10 Feb 2023AU$2.5tAU$1.1tAU$146.5b16.4x17.2x2.3x
Sun, 08 Jan 2023AU$2.4tAU$1.1tAU$147.6b15.3x16.2x2.2x
Tue, 06 Dec 2022AU$2.5tAU$1.1tAU$148.8b14.8x16.5x2.3x
Thu, 03 Nov 2022AU$2.4tAU$1.1tAU$151.1b14.9x15.6x2.1x
Sat, 01 Oct 2022AU$2.2tAU$1.1tAU$149.9b14.1x14.6x2x
Mon, 29 Aug 2022AU$2.4tAU$1.1tAU$148.8b15.3x16.2x2.3x
Price to Earnings Ratio

16.2x


Total Market Cap: AU$2.4tTotal Earnings: AU$148.8bTotal Revenue: AU$1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Market Price to Earnings3Y Average 23.1x202320242025
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 28.7x which is higher than its 3-year average PE of 23.1x.
Past Earnings Growth
  • The earnings for Australian listed companies have declined 10% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.8% 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 Market0.87%
Utilities4.63%
Financials4.62%
Consumer Discretionary3.57%
Real Estate2.98%
Telecom2.34%
Consumer Staples1.36%
Industrials-0.14%
Tech-0.29%
Materials-1.70%
Energy-3.62%
Healthcare-8.75%
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 21.3%, which is higher than its past year's earnings growth of 19.4% per year.
  • 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 12.1x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 21% 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 4.5% 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
CBA Commonwealth Bank of AustraliaAU$173.803.9%
+AU$11.0b		27.4%PB3.7xFinancials
NAB National Australia BankAU$42.399.0%
+AU$10.7b		14.9%PB2.1xFinancials
WBC Westpac BankingAU$38.737.5%
+AU$9.2b		28.9%PB1.8xFinancials
WES WesfarmersAU$94.766.7%
+AU$6.8b		26.0%PE41.4xConsumer Discretionary
BXB BramblesAU$26.3014.1%
+AU$4.4b		45.9%PE28.1xIndustrials
See more

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BXB
AU$26.30
Brambles
7D
14.1%
1Y
45.9%
CSL
AU$226.00
CSL
7D
-16.3%
1Y
-26.6%
SHL
AU$25.05
Sonic Healthcare
7D
-12.0%
1Y
-10.3%
CBA
AU$173.80
Commonwealth Bank of Australia
7D
3.9%
1Y
27.4%
JHX
AU$28.98
James Hardie Industries
7D
-36.5%
1Y
-42.9%

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BHP
AU$42.06
BHP Group
7D
1.3%
1Y
2.7%
YAL
AU$5.54
Yancoal Australia
7D
-12.9%
1Y
-3.8%
NAB
AU$42.39
National Australia Bank
7D
9.0%
1Y
14.9%
WBC
AU$38.73
Westpac Banking
7D
7.5%
1Y
28.9%
PME
AU$306.91
Pro Medicus
7D
-2.8%
1Y
103.5%
REH
AU$14.06
Reece
7D
-7.3%
1Y
-45.9%
MQG
AU$223.51
Macquarie Group
7D
3.2%
1Y
6.6%
DRO
AU$3.41
DroneShield
7D
-19.4%
1Y
189.0%
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ANZ
AU$33.92
ANZ Group Holdings
7D
4.4%
1Y
13.3%
WES
AU$94.76
Wesfarmers
7D
6.7%
1Y
26.0%
STO
AU$7.70
Santos
7D
-2.7%
1Y
3.5%