Westpac Banking Corporation (AU:WBCPI) — Market Cap & Net Worth

$243.39 Billion USD  · AU$343.98 Billion AUD  · Rank #68

Market Cap & Net Worth: Westpac Banking Corporation (WBCPI)

Westpac Banking Corporation (AU:WBCPI) has a market capitalization of $243.39 Billion (AU$343.98 Billion) as of April 18, 2026. Listed on the AU stock exchange, this Australia-based company holds position #68 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 2026

Westpac Banking Corporation's market capitalization history from 2018 to 2026. Data shows growth from $197.34 Billion to $243.39 Billion (3.01% 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

11.27x

Westpac Banking Corporation's market cap is 11.27 times its annual revenue

Industry average: 2.98x Higher than industry average

Latest Price to Earnings (P/E) Ratio

34.82x

Westpac Banking Corporation's market cap is 34.82 times its annual earnings

Industry average: 14.66x Higher than industry average

What 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 $197.34 Billion $22.15 Billion $8.10 Billion 8.91x 24.38x
2019 $211.44 Billion $20.63 Billion $6.78 Billion 10.25x 31.17x
2020 $217.85 Billion $19.89 Billion $2.29 Billion 10.95x 95.13x
2021 $226.19 Billion $21.00 Billion $5.46 Billion 10.77x 41.44x
2022 $231.70 Billion $20.43 Billion $5.69 Billion 11.34x 40.69x
2023 $236.90 Billion $21.38 Billion $7.20 Billion 11.08x 32.93x
2024 $243.39 Billion $21.59 Billion $6.99 Billion 11.27x 34.82x

Competitor Companies of WBCPI by Market Capitalization

Companies near Westpac Banking Corporation in the global market cap rankings as of April 18, 2026.

Key companies related to Westpac Banking Corporation by market ranking:

  • JPMorgan Chase & Co (NYSE:JPM): Ranked #15 globally with a market cap of $836.60 Billion USD.
  • Bank of America Corp (NYSE:BAC): Ranked #36 globally with a market cap of $349.79 Billion USD.
  • China Construction Bank Corporation (F:C6T): Ranked #70 globally with a market cap of $239.50 Billion USD ( €204.85 Billion EUR).
  • Agricultural Bank of China Ltd Class A (SHG:601288): Ranked #42 globally with a market cap of $329.81 Billion USD ( CN¥2.25 Trillion CNY).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#15 JPMorgan Chase & Co NYSE:JPM $836.60 Billion $310.29
#36 Bank of America Corp NYSE:BAC $349.79 Billion $53.91
#70 China Construction Bank Corporation F:C6T $239.50 Billion €0.95
#42 Agricultural Bank of China Ltd Class A SHG:601288 $329.81 Billion CN¥7.06

Westpac Banking Corporation Historical Marketcap From 2018 to 2026

Between 2018 and today, Westpac Banking Corporation's market cap moved from $197.34 Billion to $ 243.39 Billion, with a yearly change of 3.01%.

Year Market Cap Change (%)
2026 AU$243.39 Billion 0.00%
2025 AU$243.39 Billion 0.00%
2024 AU$243.39 Billion +2.74%
2023 AU$236.90 Billion +2.24%
2022 AU$231.70 Billion +2.44%
2021 AU$226.19 Billion +3.83%
2020 AU$217.85 Billion +3.03%
2019 AU$211.44 Billion +7.15%
2018 AU$197.34 Billion --

End of Day Market Cap According to Different Sources

On Apr 18th, 2026 the market cap of Westpac Banking Corporation was reported to be:

Source Market Cap
Yahoo Finance $243.39 Billion USD
MoneyControl $243.39 Billion USD
MarketWatch $243.39 Billion USD
marketcap.company $243.39 Billion USD
Reuters $243.39 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Westpac Banking Corporation

AU:WBCPI Australia Banks - Diversified
Market Cap
$243.39 Billion
AU$343.98 Billion AUD
Market Cap Rank
#68 Global
#1 in Australia
Share Price
AU$100.32
Change (1 day)
+0.00%
52-Week Range
AU$100.32 - AU$100.32
All Time High
AU$100.32
About

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 mana… Read more