You can see here, especially on the right-hand charts, the best one to look at is, for a given ROE, which is the X-axis, the Australian banks, in particular CBA and Macquarie, look very expensive, not only relative to the domestic peers but the international peers.
So, there are key underweights in the sector.
asic, page-41
Add MQG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$225.79 |
Change
-0.370(0.16%) |
Mkt cap ! $85.86B | |||
| Open | High | Low | Value | Volume |
| $226.75 | $226.75 | $224.52 | $21.30M | 94.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34 | $225.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $225.85 | 35 | 2 |
View Market Depth
| Last trade - 12.06pm 03/10/2024 (20 minute delay) ? |
| MQG (ASX) Chart |