Westpac Banking Corporation

Westpac Banking Corporationverified

WBC.AX

Price:

$32.41

Market Cap:

$111.24B

Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, and internationally. It offers savings, term deposit, business transaction, not-for-profit transaction, foreign currency, farm management deposit, project and retention trust, and statutory trust accounts; home, personal, business, and commercial loans; car and equipment finance; business overdrafts and bank guarantees; debit and credit cards; international and travel services; share trading services; investment products; and home, car, travel, life, caravan and trailer, credit card and loan repayment, boat, and business insurance products. The company also provides corporate and institutio...[Read more]

Industry

Banks - Diversified

IPO Date

1988-01-31

Stock Exchange

ASX

Ticker

WBC.AX

The PE Ratio as of January 2025 (TTM) for Westpac Banking Corporation (WBC.AX) is 16.88

According to Westpac Banking Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 16.88. This represents a change of 42.31% compared to the average of 11.86 of the last 4 quarters.

Westpac Banking Corporation (WBC.AX) Historical PE Ratio (quarterly & annually)

How has WBC.AX PE Ratio performed in the past?

The mean historical PE Ratio of Westpac Banking Corporation over the last ten years is 15.24. The current 16.88 PE Ratio has changed 10.98% with respect to the historical average. Over the past ten years (40 quarters), WBC.AX's PE Ratio was at its highest in in the December 2019 quarter at 36.49. The PE Ratio was at its lowest in in the March 2023 quarter at 5.03.

Quarterly (TTM)
Annual

Average

15.24

Median

13.73

Minimum

10.84

Maximum

26.41

Westpac Banking Corporation (WBC.AX) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Westpac Banking Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 68.91%

Maximum Annual PE Ratio = 26.41

Minimum Annual Increase = -28.58%

Minimum Annual PE Ratio = 10.84

Quarterly (TTM)
Annual
YearPE RatioChange
202415.7945.72%
202310.84-19.99%
202213.54-28.20%
202118.86-28.58%
202026.4168.91%
201915.6430.85%
201811.95-14.15%
201713.922.75%
201613.5514.12%
201511.87-11.55%

Westpac Banking Corporation (WBC.AX) Average PE Ratio

How has WBC.AX PE Ratio performed in the past?

The current PE Ratio of Westpac Banking Corporation (WBC.AX) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

13.39

5-year avg

17.09

10-year avg

15.24

Westpac Banking Corporation (WBC.AX) PE Ratio vs. Peers

How is WBC.AX’s PE Ratio compared to its peers?

Westpac Banking Corporation’s PE Ratio is greater than ANZ Group Holdings Limited (12.33), less than Wesfarmers Limited (31.70), greater than Rio Tinto Group (8.97), less than Macquarie Group Limited (22.12), less than CSL Limited (30.84),

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Frequently asked questions❓

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How does the current PE Ratio for Westpac Banking Corporation (WBC.AX) compare to its historical average?