Stocktoria
Westpac Banking Corporation WBC.AX
AU · Australian Securities Exchange · XASX · stock · Financial Services · website
Westpac Banking Corporation statistics & valuation
Market cap$117.5B
P / E16.8×
P / S5.4×
P / B1.6×
Dividend yield4.81%
Net margin32.4%
Return on equity9.7%
FCF margin-96.3%
Multiples are price-derived and refreshed daily; everything else is from filings.
P / E vs its own history
Westpac Banking Corporation trades at about 18.4× earnings — near its 10-year norm (10-year range 10.6×–18.6×, median 16.8×).
10.6×
18.6×
Shaded band = 10-year range (10.6×–18.6×); dot = today's 18.4×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Net margin | 32.4% | 33.7% | 27.9% | 26.0% |
| FCF margin | -96.3% | -57.0% | 76.8% | 235.2% |
| Return on assets | 0.6% | 0.7% | 0.6% | 0.6% |
| Return on equity | 9.7% | 9.9% | 8.1% | 7.6% |
| Debt / equity | 2.56× | 2.30× | 2.08× | 1.92× |
Source: company filings via Yahoo Finance · AU · as of 2024-09-30. Figures in AUD; non-US fundamentals are aggregated by Yahoo (shorter history); facts plus Stocktoria's own computed scores — not investment advice.