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
$28.45 |
Change
-0.370(1.28%) |
Mkt cap ! $85.56B | |||
| Open | High | Low | Value | Volume |
| $28.72 | $28.80 | $28.32 | $133.5M | 4.691M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 35875 | $28.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.46 | 7795 | 1 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |