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
$28.94 |
Change
-0.250(0.86%) |
Mkt cap ! $87.03B | |||
| Open | High | Low | Value | Volume |
| $29.18 | $29.22 | $28.91 | $281.9M | 9.948M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3714 | $28.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.95 | 8254 | 2 |
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| ANZ (ASX) Chart |