It's a sell off following very soft earnings results across CBA, NAB, WBC and BEN.
Stocks overpriced, was really overpriced at $165, not as overpriced at $152 but still trades at extreme levels when compared to the historical average.
NAB is back at 15 times earnings and WBC 16 times, CBA still trading at 26 time earnings. CBA will always enjoy a premium over the other banks, but that a huge premium that isn't really justifiable.
Might be hard for CBA to captured the enthusiasm it has had in the past aftet this sell off. Down -10% in a week.............people have been burnt
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Last
$179.14 |
Change
-0.270(0.15%) |
Mkt cap ! $299.7B | |||
| Open | High | Low | Value | Volume |
| $179.00 | $179.49 | $178.02 | $247.5M | 1.382M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4272 | $179.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $179.15 | 300 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| CBA (ASX) Chart |