

Over the last 7 days, the Application Software industry has remained flat, although notably Black Pearl Group gained 6.7%. Unfortunately though, the industry is down 25% over the past 12 months. As for the next few years, earnings are expected to grow by 43% per annum.
Has the New Zealand Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Dec 2025 | NZ$2.1b | NZ$552.7m | -NZ$7,521,194.34 | 23.6x | -273.1x | 3.7x |
| Sun, 23 Nov 2025 | NZ$1.9b | NZ$537.3m | -NZ$15,968,685.00 | 39.2x | -120.2x | 3.6x |
| Tue, 21 Oct 2025 | NZ$2.1b | NZ$518.3m | -NZ$11,563,685.00 | 46.5x | -184.5x | 4.1x |
| Thu, 18 Sep 2025 | NZ$2.3b | NZ$518.3m | -NZ$11,563,685.00 | 51.5x | -199.5x | 4.5x |
| Sat, 16 Aug 2025 | NZ$2.2b | NZ$518.9m | -NZ$11,493,685.00 | 48.2x | -193.7x | 4.3x |
| Mon, 14 Jul 2025 | NZ$2.7b | NZ$511.5m | -NZ$12,393,685.00 | 60.9x | -213.9x | 5.2x |
| Wed, 11 Jun 2025 | NZ$2.6b | NZ$511.5m | -NZ$12,393,685.00 | 58x | -206.1x | 5x |
| Fri, 09 May 2025 | NZ$2.7b | NZ$486.3m | -NZ$8,228,044.00 | 72.5x | -323.4x | 5.5x |
| Sun, 06 Apr 2025 | NZ$2.5b | NZ$486.3m | -NZ$8,228,044.00 | 61.1x | -305.2x | 5.2x |
| Tue, 04 Mar 2025 | NZ$2.6b | NZ$486.3m | -NZ$8,228,044.00 | 66.1x | -320.1x | 5.4x |
| Thu, 30 Jan 2025 | NZ$2.6b | NZ$475.9m | -NZ$14,698,044.00 | 71.9x | -179.7x | 5.6x |
| Sat, 28 Dec 2024 | NZ$2.6b | NZ$475.9m | -NZ$14,698,044.00 | 70.2x | -176.7x | 5.5x |
| Mon, 25 Nov 2024 | NZ$2.4b | NZ$449.6m | -NZ$19,117,615.00 | 78.3x | -126.9x | 5.4x |
| Wed, 23 Oct 2024 | NZ$2.3b | NZ$443.9m | -NZ$21,173,615.00 | 76.3x | -109x | 5.2x |
| Fri, 20 Sep 2024 | NZ$2.3b | NZ$443.9m | -NZ$21,173,615.00 | 77.6x | -108.8x | 5.2x |
| Sun, 18 Aug 2024 | NZ$2.4b | NZ$444.9m | -NZ$20,551,615.00 | 73.2x | -114.6x | 5.3x |
| Tue, 16 Jul 2024 | NZ$2.1b | NZ$445.0m | -NZ$26,851,615.00 | 74.9x | -79.8x | 4.8x |
| Thu, 13 Jun 2024 | NZ$2.0b | NZ$445.0m | -NZ$26,851,615.00 | 70.1x | -73.9x | 4.5x |
| Sat, 11 May 2024 | NZ$1.7b | NZ$421.3m | -NZ$25,888,398.00 | 45.3x | -67.2x | 4.1x |
| Mon, 08 Apr 2024 | NZ$1.9b | NZ$421.3m | -NZ$25,888,398.00 | 45.7x | -71.6x | 4.4x |
| Wed, 06 Mar 2024 | NZ$1.7b | NZ$421.3m | -NZ$25,888,398.00 | 43x | -66.7x | 4.1x |
| Fri, 02 Feb 2024 | NZ$1.6b | NZ$424.8m | -NZ$30,428,398.00 | 37.2x | -53.9x | 3.9x |
| Sun, 31 Dec 2023 | NZ$1.6b | NZ$424.8m | -NZ$30,428,398.00 | 37.1x | -53.6x | 3.8x |
| Tue, 28 Nov 2023 | NZ$1.4b | NZ$407.9m | -NZ$32,374,829.00 | 28.4x | -44.5x | 3.5x |
| Thu, 26 Oct 2023 | NZ$1.4b | NZ$390.9m | -NZ$44,940,829.00 | 27.5x | -31.2x | 3.6x |
| Sat, 23 Sep 2023 | NZ$1.4b | NZ$390.9m | -NZ$44,940,829.00 | 25.2x | -31.1x | 3.6x |
| Mon, 21 Aug 2023 | NZ$1.4b | NZ$383.0m | -NZ$53,369,829.00 | 25.8x | -26.7x | 3.7x |
| Wed, 19 Jul 2023 | NZ$1.4b | NZ$383.0m | -NZ$53,369,829.00 | 25.6x | -26.9x | 3.7x |
| Fri, 16 Jun 2023 | NZ$1.3b | NZ$383.0m | -NZ$53,369,829.00 | 26.2x | -25.2x | 3.5x |
| Sun, 14 May 2023 | NZ$1.0b | NZ$336.7m | -NZ$80,330,453.00 | 11.6x | -12.7x | 3x |
| Tue, 11 Apr 2023 | NZ$1.0b | NZ$341.4m | -NZ$81,098,453.00 | 11.5x | -12.6x | 3x |
| Thu, 09 Mar 2023 | NZ$1.0b | NZ$341.7m | -NZ$81,523,453.00 | 12.9x | -12.8x | 3.1x |
| Sat, 04 Feb 2023 | NZ$1.1b | NZ$322.2m | -NZ$82,587,453.00 | 12.3x | -13.2x | 3.4x |
| Mon, 02 Jan 2023 | NZ$1.0b | NZ$282.1m | -NZ$85,150,453.00 | n/a | -11.8x | 3.6x |
-11.8x
How does New Zealand Application Software compare with similar industries?
| NZ Market | 1.83% | |
| Tech | 1.22% | |
| Software | 0.37% | |
| Application Software | 0.38% | |
| Systems Software | -1.82% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VGL Vista Group International | NZ$2.60 | 2.0% +NZ$11.9m | -15.3% | PS3.9x | |
| BPG Black Pearl Group | NZ$0.96 | 4.9% +NZ$4.3m | -17.9% | n/a | |
| SKO Serko | NZ$3.01 | 0.3% +NZ$1.2m | -20.8% | PS3.4x | |
| SDL Solution Dynamics | NZ$0.68 | 7.1% +NZ$660.7k | 2.3% | PE3.8x |