Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, and internationally. The company operates through Consumer, Business, Consumer and Business Banking, Westpac Institutional Bank, Specialist Businesses, and Westpac New Zealand segments. It offers savings, term deposit, business transaction, not-for-profit transaction, foreign currency, farm management deposit, project and retention trust, and statutory trust accounts; home, personal, business, and commercial loans; car and equipment… Read more
Market Cap & Net Worth: Westpac Banking Corporation (WBCPI)
Westpac Banking Corporation (AU:WBCPI) has a market capitalization of $212.99 Billion (AU$343.98 Billion ) as of May 2, 2025. Listed on the AU stock exchange, this Australia-based company holds position #46 globally and #1 in its home market, demonstrating a 0.00% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Westpac Banking Corporation's stock price AU$100.32 by its total outstanding shares 3428819968 (3.43 Billion).
Westpac Banking Corporation Market Cap History: 2018 to 2025
Westpac Banking Corporation's market capitalization history from 2018 to 2025. Data shows growth from $172.69 Billion to $ 212.99 Billion (3.38% CAGR).
Westpac Banking Corporation Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Westpac Banking Corporation's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
9.87x
Westpac Banking Corporation's market cap is 9.87 times its annual revenue
0.81x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
30.47x
Westpac Banking Corporation's market cap is 30.47 times its annual earnings
7.32x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2018 | $172.69 Billion | $22.15 Billion | $8.10 Billion | 7.80x | 21.33x |
| 2019 | $185.03 Billion | $20.63 Billion | $6.78 Billion | 8.97x | 27.28x |
| 2020 | $190.64 Billion | $19.89 Billion | $2.29 Billion | 9.58x | 83.25x |
| 2021 | $197.93 Billion | $21.00 Billion | $5.46 Billion | 9.43x | 36.27x |
| 2022 | $202.76 Billion | $20.43 Billion | $5.69 Billion | 9.93x | 35.61x |
| 2023 | $207.31 Billion | $21.38 Billion | $7.20 Billion | 9.70x | 28.81x |
| 2024 | $212.99 Billion | $21.59 Billion | $6.99 Billion | 9.87x | 30.47x |
Competitor Companies of WBCPI by Market Capitalization
Companies near Westpac Banking Corporation in the global market cap rankings as of May 2, 2025.
Key companies related to Westpac Banking Corporation by market ranking:
- JPMorgan Chase & Co (NYSE:JPM): Ranked #11 globally with a market cap of $680.45 Billion USD.
- Bank of America Corp (NYSE:BAC): Ranked #29 globally with a market cap of $261.46 Billion USD.
- Bank of China Limited (SHG:601988): Ranked #48 globally with a market cap of $210.66 Billion USD ( CN¥1.55 Trillion CNY).
- Industrial and Commercial Bank of China Ltd (SHG:601398): Ranked #52 globally with a market cap of $201.27 Billion USD ( CN¥1.48 Trillion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #11 | JPMorgan Chase & Co | NYSE:JPM | $680.45 Billion | $244.62 |
| #29 | Bank of America Corp | NYSE:BAC | $261.46 Billion | $39.88 |
| #48 | Bank of China Limited | SHG:601988 | $210.66 Billion | CN¥5.53 |
| #52 | Industrial and Commercial Bank of China Ltd | SHG:601398 | $201.27 Billion | CN¥7.01 |
Westpac Banking Corporation Historical Marketcap From 2018 to 2025
Between 2018 and today, Westpac Banking Corporation's market cap moved from $172.69 Billion to $ 212.99 Billion, with a yearly change of 3.38%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2025 | AU$212.99 Billion | 0.00% |
| 2024 | AU$212.99 Billion | +2.74% |
| 2023 | AU$207.31 Billion | +2.24% |
| 2022 | AU$202.76 Billion | +2.44% |
| 2021 | AU$197.93 Billion | +3.83% |
| 2020 | AU$190.64 Billion | +3.03% |
| 2019 | AU$185.03 Billion | +7.15% |
| 2018 | AU$172.69 Billion | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2025 the market cap of Westpac Banking Corporation was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $212.99 Billion USD |
| MoneyControl | $212.99 Billion USD |
| MarketWatch | $212.99 Billion USD |
| MarketCap.Company | $212.99 Billion USD |
| Reuters | $212.99 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.