Westpac Banking Stock Price To Book
| WBCPM Stock | 105.82 0.10 0.09% |
Westpac Banking fundamentals help investors to digest information that contributes to Westpac Banking's financial success or failures. It also enables traders to predict the movement of Westpac Stock. The fundamental analysis module provides a way to measure Westpac Banking's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Westpac Banking stock.
Westpac | Price To Book |
Westpac Banking Company Price To Book Analysis
Westpac Banking's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Westpac Banking has a Price To Book of 0.0 times. This is 100.0% lower than that of the Financial Services sector and about the same as Banks - Diversified (which currently averages 0.0) industry. The price to book for all Australia stocks is 100.0% higher than that of the company.
Westpac Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Westpac Banking's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Westpac Banking could also be used in its relative valuation, which is a method of valuing Westpac Banking by comparing valuation metrics of similar companies.Westpac Banking is currently under evaluation in price to book category among its peers.
Westpac Fundamentals
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.007 | ||||
| Profit Margin | 0.34 % | ||||
| Operating Margin | 0.51 % | ||||
| Current Valuation | 442.74 B | ||||
| Shares Owned By Institutions | 8.65 % | ||||
| Revenue | 21 B | ||||
| Total Debt | 22.69 B | ||||
| Number Of Employees | 33.58 K | ||||
| Beta | 0.88 | ||||
| Total Asset | 1.03 T | ||||
| Retained Earnings | 31.44 B | ||||
| Net Asset | 1.03 T |
About Westpac Banking Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Westpac Banking's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Westpac Banking using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Westpac Banking based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Westpac Banking financial ratios help investors to determine whether Westpac Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Westpac with respect to the benefits of owning Westpac Banking security.