WBC 1.29% $30.71 westpac banking corporation

WBC price target $41, page-643

  1. 6,650 Posts.
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    That is part of most Accounting and Finance degrees and not something that can be properly answered on a share forum.

    This has a basic summary of some of the ratios:-

    https://www.investopedia.com/financial-edge/0910/6-basic-financial-ratios-and-what-they-tell-you.aspx

    Earnings per share and price earnings ratios won't be particularly helpful as these will be based on prior quarters earnings and not current quarter which could be completely different.

    When you do the exercise maybe have a look at the cash flow statement in the latest accounts but again this could be meaningless if current and future earnings fall significantly (with mortgage defaults etc). You also need to ask to what extent mortgages have been insured and the risk from default reduced. How financially strong is the mortgage insurer?
 
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