Authur,The Forward (2003)Banks PE are like this:ANZ 11.55 (EPS...

Authur,

The Forward (2003)Banks PE are like this:
ANZ 11.55 (EPS 147 c)
NAB 11.07(EPS 280 c)
CBA 13.56(EPS 215c)
WBC 11.73(EPS 127.5 c)


Both NAB and CBA have incoporate fund mangement into their banks business, so if compare peer to peer,
NAB and CBA's P/E should be lower, NAB @ 31, its p/e (forward) is around 10, CBA's is around 12.5.

I was luckly sold NABQE, NABTL on
17 Jul 2002 SELL 14 NABQE at 22
18 Jul 2002 SELL 5 NABTL at 52 ,

Today, as a brave man , I feel obligated to buy some nab call.