RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Westpac Banking P/S 2024

Westpac Banking P/S

4.79

Westpac Banking Dividend yield

7.63 %

Ticker

WBC.AX

ISIN

AU000000WBC1

WKN

854242

As of May 15, 2024, Westpac Banking's P/S ratio stood at 4.79, a 183.43% change from the 1.69 P/S ratio recorded in the previous year.

The Westpac Banking P/S history

Westpac Banking Aktienanalyse

What does Westpac Banking do?

The Westpac Banking Corporation is an Australian banking group that was founded in 1817. The company is one of the largest banks in Australia and New Zealand, and one of the leading banks in the Asia-Pacific region. Westpac Banking Corp. is divided into various business divisions, each specializing in specific financial areas. The company operates in Australia and New Zealand in the areas of retail banking, wealth management, business banking, and institutional banking. The company also operates subsidiaries and joint ventures in Asia. Westpac is a leading company in the Australian banking sector and offers a wide range of financial services. One of the company's key business models is the financing of residential and commercial properties, including providing mortgage loans and other loans. The company is also involved in financing land and agricultural transactions. The bank also offers a wide range of services for other sectors, including personal customers, SMEs, large corporations, and institutions. In the personal banking sector, for example, the bank offers checking accounts, credit cards, as well as financing options for cars, boats, and other assets. Westpac also has a wealth management segment specializing in asset management, investment advisory, and securities trading. The company also offers insurance for cars, homes, and businesses. In the investment banking segment of Westpac, corporate financing, mergers and acquisitions, initial public offerings, and capital market transactions are conducted. Westpac employs an experienced team of investment bankers, analysts, and other advisors to offer professional services to its clients. With the advancing digitization, Westpac has also developed a variety of online and mobile banking services. Customers can open online accounts, make transfers, pay bills, and much more from the comfort of their homes. In recent years, Westpac has also launched new initiatives to fulfill its role as a socially responsible bank. For example, the company has committed to combating climate change and taking measures to minimize its environmental impact. Overall, Westpac is one of the leading banks in Australia and New Zealand, and a key player in the Asia-Pacific region. With a wide range of financial services and an experienced team of financial experts, the company is well-positioned to offer its customers first-class services in all areas of the financial system. Westpac Banking ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Westpac Banking's P/S Ratio

Westpac Banking's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Westpac Banking's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Westpac Banking's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Westpac Banking’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Westpac Banking Stock

What is the price-to-earnings ratio of Westpac Banking?

The price-earnings ratio of Westpac Banking is currently 4.79.

How has the price-earnings ratio of Westpac Banking changed compared to last year?

The price-to-earnings ratio of Westpac Banking has increased by 183.43% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Westpac Banking high compared to other companies?

Yes, the price-to-earnings ratio of Westpac Banking is high compared to other companies.

How does an increase in the price-earnings ratio of Westpac Banking affect the company?

An increase in the price-earnings ratio of Westpac Banking would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Westpac Banking affect the company?

A decrease in the price-earnings ratio of Westpac Banking would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Westpac Banking?

Some factors that influence the price-earnings ratio of Westpac Banking are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Westpac Banking pay?

Over the past 12 months, Westpac Banking paid a dividend of 2.03 AUD . This corresponds to a dividend yield of about 7.63 %. For the coming 12 months, Westpac Banking is expected to pay a dividend of 2 AUD.

What is the dividend yield of Westpac Banking?

The current dividend yield of Westpac Banking is 7.63 %.

When does Westpac Banking pay dividends?

Westpac Banking pays a quarterly dividend. This is distributed in the months of June, December, June, December.

How secure is the dividend of Westpac Banking?

Westpac Banking paid dividends every year for the past 25 years.

What is the dividend of Westpac Banking?

For the upcoming 12 months, dividends amounting to 2 AUD are expected. This corresponds to a dividend yield of 7.54 %.

In which sector is Westpac Banking located?

Westpac Banking is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Westpac Banking kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Westpac Banking from 12/19/2023 amounting to 1.029 AUD, you needed to have the stock in your portfolio before the ex-date on 11/9/2023.

When did Westpac Banking pay the last dividend?

The last dividend was paid out on 12/19/2023.

What was the dividend of Westpac Banking in the year 2023?

In the year 2023, Westpac Banking distributed 1.786 AUD as dividends.

In which currency does Westpac Banking pay out the dividend?

The dividends of Westpac Banking are distributed in AUD.

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Andere Kennzahlen von Westpac Banking

Our stock analysis for Westpac Banking Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Westpac Banking Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.