Currently WBC is trading at price to book ratio of 1.35.
VUK is trading at a PBR of 0.6.
Westpac has significant market share and economy of scale. It is leveraged to the Australian property market and has a solid track record of paying dividends.
VUK is a bit player in a huge market with no economy of scale. The UK is facing the aftermath of Covid-19 and the repercussions of Brexit. VUK hasn't paid a dividend for years.
So it comes at no surprise that VUK trades at a discount. The thing is, the discount is too steep. VUK is financially solid and the UK economy, despite its issues, is not a basket case.
The discount has been narrowing for many months now and the catalyst for further SP growth will be the continuation of this trend.
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Currently WBC is trading at price to book ratio of 1.35.VUK is...
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Last
$4.23 |
Change
0.010(0.24%) |
Mkt cap ! $2.045B |
Open | High | Low | Value | Volume |
$4.23 | $4.24 | $4.22 | $6.123M | 1.448M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 463907 | $4.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.24 | 92745 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 21111 | 4.210 |
1 | 2427 | 4.120 |
1 | 2493 | 4.010 |
1 | 2500 | 3.700 |
1 | 893 | 3.360 |
Price($) | Vol. | No. |
---|---|---|
4.240 | 90745 | 3 |
4.250 | 9385 | 7 |
4.260 | 19625 | 7 |
4.270 | 7925 | 6 |
4.280 | 38348 | 8 |
Last trade - 16.10pm 20/09/2024 (20 minute delay) ? |
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VUK (ASX) Chart |