ANZ 1.66% $29.58 anz group holdings limited

considering which big 4 bank to invest in?

  1. 434 Posts.
    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...
 
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