Howdi,
I will not substantiate these numbers, or declare them accurate. I just thought it was an interesting find.
According to ComSec:
WBC P/E 18.17
NAB 20.56
CBA 16.68
ANZ 13.39.
HOWEVER, furthermore, I would expect ANZ to have more growth than the others (Asian strategy, Australian customer service initiative before the others, and has the lowest market cap out of the Big 4 banks, HIGHEST T1 RATIO BY A COUNTRY MILE, aggressive CEO, etc).
Generally, high P/E ratios (20, etc) are from those companies with high growth potential (ERJ, etc)...
I'm not sure how updated those P/E figures are. Not sure if thats at close of last FY, or current, or what they are... but, I found it interesting nonetheless...
considering which big 4 bank to invest in?
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Last
$27.65 |
Change
0.290(1.06%) |
Mkt cap ! $82.96B | |||
| Open | High | Low | Value | Volume |
| $27.32 | $27.83 | $27.25 | $131.1M | 4.746M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 60147 | $27.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.68 | 12146 | 2 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |