Start with its own history
At 18.75×, WEBNF is 17.1% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
OTC · WEBNFBanks - DiversifiedUpdated Nov 5, 2026
Westpac Banking Corporation P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
18.75×
17.1% abovethe 10-year annual average
Share price26.1
÷Earnings per share1.392
Price and EPS in quote currency. Calculation details
Investors are paying 18.75 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 16.02×
3-year average17.57×3 positive annual observations
5-year average15.18×5 positive annual observations
10-year average16.02×10 positive annual observations
Peer median · TTM19.48×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 18 observations
| Period end | P/E | Change |
|---|---|---|
| Sep 30, 2026 | 17.62× | -8.7% |
| Sep 30, 2025 | 19.29× | +22.2% |
| Sep 30, 2024 | 15.78× | +53.0% |
| Sep 30, 2023 | 10.32× | -20.0% |
| Sep 30, 2022 | 12.90× | -26.1% |
| Sep 30, 2021 | 17.45× | -33.7% |
| Sep 30, 2020 | 26.31× | +74.0% |
| Sep 30, 2019 | 15.12× | +26.5% |
View all 18 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Sep 30, 2018 | 11.96× | -10.9% |
| Sep 30, 2017 | 13.41× | +2.3% |
| Sep 30, 2016 | 13.12× | +13.5% |
| Sep 30, 2015 | 11.55× | -12.3% |
| Sep 30, 2014 | 13.17× | -11.6% |
| Sep 30, 2013 | 14.89× | +17.4% |
| Sep 30, 2012 | 12.69× | +45.2% |
| Sep 30, 2011 | 8.74× | -19.3% |
| Sep 30, 2010 | 10.82× | -48.5% |
| Sep 30, 2009 | 21.00× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How WEBNF compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 WEBNF This stockWestpac Banking Corporation | 18.75× |
 NAB.AXNational Australia Bank Limited | 19.48× |
 CBA.AXCommonwealth Bank of Australia | 25.58× |
 ANZ.AXANZ Group Holdings Limited | 20.25× |
 MQG.AXMacquarie Group Limited | 20.22× |
 BEN.AXBendigo and Adelaide Bank Limited | 16.17× |
 BOQ.AXBank of Queensland Limited | 18.37× |
 MYS.AXMyState Limited | 15.09× |
 BBC.AXBNK Banking Corporation Limited | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does WEBNF’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 19.48×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take WEBNF into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("WEBNF", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 26.1 ÷ EPS 1.392 = 18.75×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
WEBNF P/E ratio: common questions
The essentials behind the numbers.
Westpac Banking Corporation's current P/E is 18.75× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.