Here are the ASX stocks with the highest and lowest P/E ratio
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While endorsements by Elon Musk or WallStreetBets may appear to carry more weight for financial assets in 2021, the P/E ratio remains one of the easiest ways to value an ASX stock.
The P/E ratio values a company on the basis of its total earnings. A company with shares at $25 per share but earnings of $1 per share has a P/E ratio of 25.
It is common to assert a company is over- or undervalued compared to its peers, sometimes in a market index or at other times in an individual sector.
According to Market Index the average ASX 200 P/E ratio is 25.63 so the hypothetical company in this case might be considered slightly undervalued.
Of course the P/E ratio is just one of several ways to assess an ASX stock and there are many ways a company’s earnings could be impacted, but if companies are in a similar position and their P/E ratios are different it could be a sign a company is over- or undervalued.
Take the two big supermarkets for instance – Coles (ASX:COL) has a P/E ratio of 23 while Woolworths’ (ASX:WOW) is 31.92.
It might be possible to conclude that either Woolworths is overvalued or Coles is undervalued and share prices might move accordingly.
Another example is the ASX’s two major pathology providers. Sonic (ASX:SHL) has a P/E ratio of 14.05 while Healius (ASX:HLS) has 44.61.
Both of these companies have substantially benefited from COVID-19 because they provide testing. While Sonic has seen the greater profit, Healius has seen the greater share price gain and it might be possible to conclude that either Healius is overvalued and will fall or that Sonic is undervalued and will rise.
Nonetheless, there are other factors to consider when valuing a company and one should consider the sustainability of these earnings – which in these companies’ cases have been boosted by COVID-19 tests.
And of course if your company is not generating earnings you cannot use this metric.
But Stockhead has compiled a list of ASX companies which generate earnings and has calculated their P/E ratio.
Code | Company | Price | YTD % Return | P/E ratio | Market Cap |
---|---|---|---|---|---|
CTT | CETTIRE LTD | 4.1 | 772.34 | 3269.54 | $ 1,563,076,736.00 |
ANO | ADVANCE NANOTEK LTD | 3.48 | -20.55 | 2939.19 | $ 212,935,472.00 |
LRK | LARK DISTILLING CO. LTD | 5.22 | 260 | 2850.9 | $ 377,959,424.00 |
API | AUSTRALIAN PHARMA INDUS LTD | 1.51 | 26.04 | 583.01 | $ 743,910,592.00 |
ABY | ADORE BEAUTY GROUP LTD | 4.8 | -10.78 | 478.66 | $ 451,797,600.00 |
BLD | BORAL LTD | 6.5 | 31.31 | 430.26 | $ 7,170,074,624.00 |
PPS | PRAEMIUM LTD | 1.48 | 124.24 | 342.59 | $ 745,733,568.00 |
KGN | KOGAN.COM LTD | 9.12 | -51.41 | 305.8 | $ 974,820,480.00 |
IEL | IDP EDUCATION LTD | 38.7 | 95.61 | 271.47 | $ 10,771,611,648.00 |
TRJ | TRAJAN GROUP HOLDINGS LTD | 3.41 | 235.35 | $ 442,996,288.00 | |
HUB | HUB24 LTD | 29.64 | 39.41 | 215.74 | $ 2,034,033,664.00 |
NAN | NANOSONICS LTD | 5.78 | -28.02 | 202.64 | $ 1,743,821,952.00 |
PME | PRO MEDICUS LTD | 58.53 | 71.85 | 197.63 | $ 6,109,730,816.00 |
WTC | WISETECH GLOBAL LTD | 53.73 | 75.05 | 161.35 | $ 17,460,375,552.00 |
RDY | READYTECH HOLDINGS LTD | 3.89 | 86.12 | 160.05 | $ 415,326,784.00 |
KAR | KAROON ENERGY LTD | 1.82 | 71.7 | 156.29 | $ 1,009,073,536.00 |
SEK | SEEK LTD | 35.19 | 24.91 | 150.33 | $ 12,454,451,200.00 |
AEF | AUSTRALIAN ETHICAL INVT LTD | 13.85 | 177.91 | 136.31 | $ 1,556,561,920.00 |
OCL | OBJECTIVE CORPORATION LTD | 20.87 | 76.85 | 121.79 | $ 1,970,495,744.00 |
MAQ | MACQUARIE TELECOM GROUP LTD | 70.95 | 35.61 | 120.96 | $ 1,525,231,744.00 |
ALU | ALTIUM LTD | 39.02 | 16.36 | 105.83 | $ 5,129,923,072.00 |
EHE | ESTIA HEALTH LTD | 2.26 | 28.95 | 98.29 | $ 590,858,112.00 |
DHG | DOMAIN HOLDINGS AUSTRALIA LT | 5.41 | 21.44 | 92.31 | $ 3,160,866,560.00 |
TPW | TEMPLE & WEBSTER GROUP LTD | 10.61 | -4.16 | 91.43 | $ 1,278,005,504.00 |
CL1 | CLASS LTD | 2.71 | 41.65 | 91.16 | $ 337,187,552.00 |
OTW | OVER THE WIRE HOLDINGS LTD | 5.45 | 28.52 | 89.93 | $ 324,702,240.00 |
LOV | LOVISA HOLDINGS LTD | 20.67 | 86.63 | 89.47 | $ 2,221,190,912.00 |
UWL | UNITI GROUP LTD | 3.88 | 126.9 | 87.09 | $ 2,669,223,680.00 |
S32 | SOUTH32 LTD | 3.47 | 44.67 | 84.83 | $ 16,182,914,048.00 |
JLG | JOHNS LYNG GROUP LTD | 6.85 | 119.23 | 82.36 | $ 1,537,145,216.00 |
BKL | BLACKMORES LTD | 97.22 | 29.7 | 78.4 | $ 1,884,536,448.00 |
ITG | INTEGA GROUP LTD | 0.89 | 241.04 | 76.26 | $ 372,302,688.00 |
OSH | OIL SEARCH LTD | 4.2 | 14.75 | 75.23 | $ 8,726,972,416.00 |
OMH | OM HOLDINGS LTD | 0.94 | 60.68 | 75.05 | $ 694,305,920.00 |
CVW | CLEARVIEW WEALTH LTD | 0.79 | 100.4 | 73.24 | $ 528,709,952.00 |
NWL | NETWEALTH GROUP LTD | 16.44 | 4.39 | 72.95 | $ 4,008,282,368.00 |
BOE | BOSS ENERGY LTD | 0.31 | 216.33 | 72.53 | $ 707,990,656.00 |
ENN | ELANOR INVESTOR GROUP | 2.17 | 46.23 | 72.4 | $ 264,557,344.00 |
ALL | ARISTOCRAT LEISURE LTD | 47.11 | 53.36 | 72.02 | $ 31,141,918,720.00 |
AMS | ATOMOS LTD | 1.3 | 35.42 | 69.07 | $ 289,057,056.00 |
REA | REA GROUP LTD | 164.74 | 11.67 | 67.35 | $ 21,770,182,656.00 |
SXY | SENEX ENERGY LTD | 4.48 | 85.52 | 65.17 | $ 829,855,808.00 |
CUV | CLINUVEL PHARMACEUTICALS LTD | 31.97 | 43.33 | 64.26 | $ 1,579,648,512.00 |
SKI | SPARK INFRASTRUCTURE GROUP | 2.83 | 37.8 | 63.85 | $ 4,966,520,832.00 |
EWC | ENERGY WORLD CORP LTD | 0.09 | 26.82 | 63.42 | $ 229,515,856.00 |
CCX | CITY CHIC COLLECTIVE LTD | 6.14 | 50.49 | 62.98 | $ 1,477,256,832.00 |
SHV | SELECT HARVESTS LTD | 6.48 | 24.14 | 61.98 | $ 779,053,888.00 |
SGR | STAR ENTERTAINMENT GRP LTD/T | 3.76 | 2.17 | 61.53 | $ 3,579,573,504.00 |
WOR | WORLEY LTD | 10.11 | -7.87 | 61.35 | $ 5,304,102,912.00 |
CGS | COGSTATE LTD | 2.23 | 102.73 | 60.91 | $ 384,901,696.00 |
IPL | INCITEC PIVOT LTD | 3.08 | 35.68 | 60.85 | $ 5,982,052,864.00 |
PWH | PWR HOLDINGS LTD | 9.98 | 123.43 | 59.49 | $ 1,000,954,560.00 |
DMP | DOMINO'S PIZZA ENTERPRISES L | 121.63 | 42.46 | 57.16 | $ 10,527,552,512.00 |
SCG | SCENTRE GROUP | 3.04 | 15.27 | 55.95 | $ 15,759,900,672.00 |
TNE | TECHNOLOGY ONE LTD | 12.59 | 54.2 | 55.8 | $ 4,049,999,616.00 |
IGO | IGO LTD | 9.41 | 49.02 | 54.44 | $ 7,125,890,048.00 |
SVL | SILVER MINES LTD | 0.25 | 6.52 | 53.09 | $ 316,498,880.00 |
MNF | MNF GROUP LTD | 7.25 | 67.39 | 51.55 | $ 613,877,440.00 |
REH | REECE LTD | 21.32 | 45.54 | 48.23 | $ 13,772,383,232.00 |
CAR | CARSALES.COM LTD | 24.62 | 27.87 | 47.18 | $ 6,957,012,480.00 |
PNI | PINNACLE INVESTMENT MANAGEME | 17.63 | 154.04 | 46.18 | $ 3,388,851,968.00 |
CLV | CLOVER CORP LTD | 1.64 | -0.93 | 45.43 | $ 272,960,480.00 |
BRG | BREVILLE GROUP LTD | 29.85 | 17.81 | 45.3 | $ 4,159,882,496.00 |
HLS | HEALIUS LTD | 4.72 | 30.3 | 44.61 | $ 2,941,303,808.00 |
COH | COCHLEAR LTD | 220.01 | 17.73 | 44.29 | $ 14,471,180,288.00 |
LYC | LYNAS RARE EARTHS LTD | 7.84 | 96.98 | 44.17 | $ 7,074,906,624.00 |
WPL | WOODSIDE PETROLEUM LTD | 22.01 | -0.63 | 42.94 | $ 21,341,595,648.00 |
CSL | CSL LTD | 306.83 | 9.49 | 42.85 | $ 139,813,683,200.00 |
CWY | CLEANAWAY WASTE MANAGEMENT L | 3 | 30.11 | 42.52 | $ 6,184,887,296.00 |
CPU | COMPUTERSHARE LTD | 19.48 | 39 | 42.51 | $ 11,761,845,248.00 |
TAH | TABCORP HOLDINGS LTD | 5.15 | 36.16 | 41.56 | $ 11,466,175,488.00 |
BBN | BABY BUNTING GROUP LTD | 5.67 | 23.49 | 41.27 | $ 750,844,800.00 |
KLS | KELSIAN GROUP LTD | 7.14 | 8.62 | 41.26 | $ 1,559,369,216.00 |
DDR | DICKER DATA LTD | 14.51 | 42.33 | 40.86 | $ 2,507,813,632.00 |
CKF | COLLINS FOODS LTD | 13.05 | 36.95 | 40.45 | $ 1,522,884,224.00 |
STX | STRIKE ENERGY LTD | 0.17 | -37.5 | 40.35 | $ 354,393,376.00 |
MAF | MA FINANCIAL GROUP LTD | 8.94 | 93.49 | 40.04 | $ 1,399,449,344.00 |
VEA | VIVA ENERGY GROUP LTD | 2.28 | 21.13 | 39.59 | $ 3,555,466,496.00 |
AST | AUSNET SERVICES | 2.58 | 51.04 | 38.61 | $ 9,881,787,392.00 |
SLA | SILK LASER AUSTRALIA LTD | 4.6 | 28.85 | 38.44 | $ 243,497,424.00 |
ALQ | ALS LTD | 13.43 | 41.39 | 37.53 | $ 6,478,978,048.00 |
ASX | ASX LTD | 93.02 | 33.07 | 37.45 | $ 18,008,221,696.00 |
GDI | GDI PROPERTY GROUP | 1.1 | -5.87 | 37.32 | $ 592,904,832.00 |
ARB | ARB CORP LTD | 52.28 | 72.58 | 37.21 | $ 4,269,997,824.00 |
JIN | JUMBO INTERACTIVE LTD | 16.01 | 16.82 | 37.08 | $ 999,957,184.00 |
STO | SANTOS LTD | 6.78 | 10.51 | 35.99 | $ 14,123,188,224.00 |
RHC | RAMSAY HEALTH CARE LTD | 69.38 | 14.08 | 35.91 | $ 15,879,813,120.00 |
NMT | NEOMETALS LTD | 1.08 | 300.18 | 35.85 | $ 592,246,528.00 |
IMD | IMDEX LTD | 2.85 | 67.5 | 35.59 | $ 1,129,889,280.00 |
APX | APPEN LTD | 10.7 | -56.34 | 35.42 | $ 1,316,901,632.00 |
PSQ | PACIFIC SMILES GROUP LTD | 2.96 | 17.18 | 35.2 | $ 472,362,528.00 |
WOT | WOTSO PROPERTY | 1.4 | 1.24 | 35.18 | $ 228,090,320.00 |
IPH | IPH LTD | 8.71 | 41.03 | 35.12 | $ 1,903,059,968.00 |
DTL | DATA#3 LTD | 5.74 | 5.37 | 34.78 | $ 885,964,352.00 |
ALX | ATLAS ARTERIA | 6.42 | 3.41 | 34.55 | $ 6,156,896,768.00 |
DCN | DACIAN GOLD LTD | 0.25 | -39.02 | 34.27 | $ 241,857,504.00 |
TRS | REJECT SHOP LTD/THE | 7.4 | 7.4 | 33.93 | $ 283,616,992.00 |
IFM | INFOMEDIA LTD | 1.44 | -23.22 | 33.82 | $ 541,097,792.00 |
LLC | LENDLEASE GROUP | 10.67 | -16.79 | 33.37 | $ 7,349,572,608.00 |
PSI | PSC INSURANCE GROUP LTD | 4.5 | 54.06 | 32.81 | $ 1,452,580,736.00 |
TWE | TREASURY WINE ESTATES LTD | 11.32 | 23.42 | 32.63 | $ 8,171,321,344.00 |
AMP | AMP LTD | 1.14 | -26.6 | 32.36 | $ 3,739,691,264.00 |
MGH | MAAS GROUP HOLDINGS LTD | 4.61 | 66.24 | 32.08 | $ 1,285,373,184.00 |
WOW | WOOLWORTHS GROUP LTD | 39.19 | 20.57 | 31.92 | $ 47,497,310,208.00 |
RBL | REDBUBBLE LTD | 3.6 | -34.78 | 31.67 | $ 993,312,832.00 |
IVC | INVOCARE LTD | 11.64 | 3.07 | 31.59 | $ 1,676,866,944.00 |
IDX | INTEGRAL DIAGNOSTICS LTD | 4.93 | 16.75 | 31.17 | $ 999,783,872.00 |
NEC | NINE ENTERTAINMENT CO HOLDIN | 3.05 | 36.47 | 31.1 | $ 5,201,449,472.00 |
IRE | IRESS LTD | 11.99 | 17.98 | 31.07 | $ 2,284,340,736.00 |
ILU | ILUKA RESOURCES LTD | 8.93 | 39.66 | 31.06 | $ 3,779,196,928.00 |
JHX | JAMES HARDIE INDUSTRIES-CDI | 53.71 | 43.74 | 30.9 | $ 23,907,794,944.00 |
IRI | INTEGRATED RESEARCH LTD | 1.42 | -46.43 | 30.89 | $ 245,700,016.00 |
AWC | ALUMINA LTD | 1.86 | 6.3 | 30.46 | $ 5,382,619,136.00 |
SDF | STEADFAST GROUP LTD | 4.98 | 27.94 | 30.1 | $ 4,868,418,048.00 |
8VI | 8VI HOLDINGS LTD | 4.8 | 182.35 | 29.95 | $ 203,430,832.00 |
REG | REGIS HEALTHCARE LTD | 1.98 | 8.26 | 29.84 | $ 595,650,880.00 |
WGN | WAGNERS HOLDING CO LTD | 1.63 | -12.57 | 29.24 | $ 306,066,912.00 |
PFP | PROPEL FUNERAL PARTNERS LTD | 4.24 | 54.17 | 29.2 | $ 485,697,824.00 |
INA | INGENIA COMMUNITIES GROUP | 6.2 | 29.85 | 28.3 | $ 2,045,155,328.00 |
CAJ | CAPITOL HEALTH LTD | 0.33 | 23.37 | 28.22 | $ 341,879,168.00 |
WES | WESFARMERS LTD | 59 | 20.94 | 28.04 | $ 66,896,572,416.00 |
CVN | CARNARVON PETROLEUM LTD | 0.31 | 1.67 | 27.59 | $ 477,440,864.00 |
PPT | PERPETUAL LTD | 36.94 | 11.72 | 27.45 | $ 2,092,113,536.00 |
SOL | WASHINGTON H. SOUL PATTINSON | 31.24 | 4.66 | 27.38 | $ 11,273,456,640.00 |
EHL | EMECO HOLDINGS LTD | 1.05 | -6.87 | 27.13 | $ 567,779,328.00 |
HLA | HEALTHIA LTD | 1.9 | 56.15 | 26.68 | $ 241,018,656.00 |
PNR | PANTORO LTD | 0.23 | 6.82 | 26.66 | $ 331,114,688.00 |
RWC | RELIANCE WORLDWIDE CORP LTD | 6.35 | 61.03 | 26.39 | $ 5,017,101,824.00 |
BWX | BWX LTD | 4.36 | 6.99 | 25.62 | $ 701,472,192.00 |
FRI | FINBAR GROUP LTD | 0.83 | 5.99 | 25.45 | $ 225,862,208.00 |
TLS | TELSTRA CORP LTD | 3.95 | 38.78 | 25.28 | $ 46,978,527,232.00 |
AUB | AUB GROUP LTD | 23.85 | 51 | 25.11 | $ 1,775,848,448.00 |
UMG | UNITED MALT GRP LTD | 4.18 | 2.41 | 24.88 | $ 1,250,568,832.00 |
CCP | CREDIT CORP GROUP LTD | 32.07 | 10.43 | 24.69 | $ 2,158,816,768.00 |
MAD | MADER GROUP LTD | 2.38 | 149.99 | 24.63 | $ 476,000,000.00 |
BSE | BASE RESOURCES LTD | 0.31 | 39.06 | 24.63 | $ 371,073,728.00 |
EQT | EQT HOLDINGS LTD | 25.35 | -1.06 | 24.61 | $ 533,874,496.00 |
ORA | ORORA LTD | 3.39 | 31.21 | 24.36 | $ 2,969,727,488.00 |
HDN | HOMECO DAILY NEEDS REIT | 1.43 | 20.1 | 23.95 | $ 1,130,649,216.00 |
LIC | LIFESTYLE COMMUNITIES LTD | 20.91 | 64.25 | 23.92 | $ 2,186,038,784.00 |
DOW | DOWNER EDI LTD | 5.95 | 15.62 | 23.54 | $ 4,101,520,896.00 |
MFG | MAGELLAN FINANCIAL GROUP LTD | 33.98 | -33.74 | 23.47 | $ 6,291,278,336.00 |
NSR | NATIONAL STORAGE REIT | 2.38 | 27.9 | 23.35 | $ 2,828,133,632.00 |
DXS | DEXUS/AU | 10.93 | 18.78 | 23.27 | $ 11,755,928,576.00 |
COL | COLES GROUP LTD | 17.51 | 0.17 | 23.24 | $ 23,357,108,224.00 |
SNL | SUPPLY NETWORK LTD | 7.86 | 45.06 | 23.18 | $ 320,952,864.00 |
CGC | COSTA GROUP HOLDINGS LTD | 3.07 | -21.74 | 22.57 | $ 1,425,642,368.00 |
HSN | HANSEN TECHNOLOGIES LTD | 6.48 | 77.14 | 22.49 | $ 1,299,361,920.00 |
PPE | PEOPLE INFRASTRUCTURE LTD | 4.34 | 22.96 | 22.39 | $ 411,711,712.00 |
DRR | DETERRA ROYALTIES LTD | 3.97 | -14.48 | 22.26 | $ 2,098,157,440.00 |
FID | FIDUCIAN GROUP LTD | 8.6 | 44.12 | 22.2 | $ 270,707,552.00 |
GMA | GENWORTH MORTGAGE INSURANCE | 2.23 | -4.55 | 21.98 | $ 919,906,624.00 |
CBA | COMMONWEALTH BANK OF AUSTRAL | 107.17 | 35.48 | 21.43 | $ 182,873,980,928.00 |
MPL | MEDIBANK PRIVATE LTD | 3.42 | 18.25 | 21.38 | $ 9,418,691,584.00 |
NHC | NEW HOPE CORP LTD | 2.02 | 51.7 | 21.29 | $ 1,681,361,280.00 |
RWL | RUBICON WATER LTD | 1.75 | 21.03 | $ 300,798,944.00 | |
AAC | AUSTRALIAN AGRICULTURAL CO | 1.61 | 46.36 | 20.88 | $ 970,454,464.00 |
BGA | BEGA CHEESE LTD | 5.48 | 9.12 | 20.84 | $ 1,660,358,144.00 |
BXB | BRAMBLES LTD | 10.33 | -0.13 | 20.77 | $ 14,817,423,360.00 |
NHF | NIB HOLDINGS LTD | 7.25 | 26.26 | 20.74 | $ 3,323,821,824.00 |
OZL | OZ MINERALS LTD | 25.16 | 35.33 | 20.72 | $ 8,394,759,168.00 |
PAC | PACIFIC CURRENT GROUP LTD | 7.14 | 22.61 | 20.65 | $ 364,408,128.00 |
EVN | EVOLUTION MINING LTD | 4.15 | -14.34 | 20.53 | $ 7,606,697,984.00 |
EPD | EMPIRED LTD | 1.35 | 102.67 | 20.53 | $ 233,181,920.00 |
TGR | TASSAL GROUP LTD | 3.37 | 4.45 | 20.5 | $ 719,860,480.00 |
HT1 | HT&E LTD | 1.99 | 9.71 | 20.5 | $ 548,434,496.00 |
CDA | CODAN LTD | 10.26 | -6.6 | 20.49 | $ 1,855,869,184.00 |
PCG | PENGANA CAPITAL GROUP LTD | 2.13 | 40.52 | 20.45 | $ 243,282,704.00 |
OFX | OFX GROUP LTD | 1.75 | 41.87 | 20.43 | $ 428,961,472.00 |
CDD | CARDNO LTD | 1.56 | 392.15 | 20.36 | $ 609,330,560.00 |
SIQ | SMARTGROUP CORP LTD | 7.92 | 24.45 | 20.33 | $ 1,057,652,480.00 |
UNI | UNIVERSAL STORE HOLDINGS LTD | 8.01 | 54.45 | 20.13 | $ 586,298,624.00 |
GWA | GWA GROUP LTD | 2.78 | -16.67 | 20.06 | $ 737,270,208.00 |
SRV | SERVCORP LTD | 4.5 | 57.61 | 19.72 | $ 435,680,512.00 |
PPC | PEET LTD | 1.15 | -0.72 | 19.5 | $ 555,795,584.00 |
MND | MONADELPHOUS GROUP LTD | 9.69 | -24.94 | 19.49 | $ 921,731,200.00 |
BVS | BRAVURA SOLUTIONS LTD | 2.71 | -13.32 | 19.32 | $ 673,039,360.00 |
SGLLV | RICEGROWERS LIMITED | 6.6 | 5.68 | 19.08 | $ 407,243,680.00 |
GMG | GOODMAN GROUP | 23.64 | 25.9 | 18.86 | $ 44,164,784,128.00 |
SRG | SRG GLOBAL LTD | 0.5 | 25.2 | 18.5 | $ 222,898,208.00 |
PMV | PREMIER INVESTMENTS LTD | 31.66 | 38.51 | 18.5 | $ 5,033,719,296.00 |
CHC | CHARTER HALL GROUP | 18.84 | 29.65 | 18.4 | $ 8,775,240,704.00 |
GUD | G.U.D. HOLDINGS LTD | 12.31 | 10.07 | 18.35 | $ 1,167,690,368.00 |
PRU | PERSEUS MINING LTD | 1.72 | 32.31 | 18.04 | $ 2,110,387,712.00 |
GOR | GOLD ROAD RESOURCES LTD | 1.54 | 18.53 | 17.76 | $ 1,362,381,056.00 |
AX1 | ACCENT GROUP LTD | 2.51 | 14.25 | 17.66 | $ 1,360,085,504.00 |
MTS | METCASH LTD | 4.12 | 24.93 | 17.65 | $ 3,978,031,360.00 |
MQG | MACQUARIE GROUP LTD | 198.52 | 48.53 | 17.61 | $ 74,773,151,744.00 |
HTA | HUTCHISON TELECOMM (AUST) | 0.11 | -24.14 | 17.36 | $ 1,492,976,000.00 |
RIC | RIDLEY CORP LTD | 1.32 | 46.46 | 17.16 | $ 421,733,376.00 |
MMS | MCMILLAN SHAKESPEARE LTD | 13.53 | 14.83 | 17.14 | $ 1,046,966,400.00 |
ABC | ADBRI LTD | 3.1 | -3.92 | 16.66 | $ 2,023,145,472.00 |
SLR | SILVER LAKE RESOURCES LTD | 1.83 | 1.96 | 16.37 | $ 1,615,848,192.00 |
AOF | AUSTRALIAN UNITY OFFICE FUND | 2.33 | 13.6 | 16.36 | $ 383,013,408.00 |
TPG | TPG TELECOM LTD | 6.38 | -9.59 | 16.26 | $ 11,862,599,680.00 |
MNY | MONEY3 CORP LTD | 3.23 | 14.42 | 16.22 | $ 682,257,216.00 |
SGF | SG FLEET GROUP LTD | 2.6 | 11.05 | 16.01 | $ 889,160,768.00 |
BLX | BEACON LIGHTING GROUP LTD | 2.66 | 65.85 | 15.68 | $ 594,034,944.00 |
ALD | AMPOL LTD | 30.25 | 9.44 | 15.67 | $ 7,208,638,464.00 |
VSL | VULCAN STEEL LTD | 7.65 | 15.61 | $ 1,005,275,584.00 | |
COF | CENTURIA OFFICE REIT | 2.32 | 15.02 | 15.59 | $ 1,381,890,176.00 |
WBC | WESTPAC BANKING CORP | 22.68 | 22.97 | 15.18 | $ 83,203,661,824.00 |
ING | INGHAMS GROUP LTD | 3.39 | 13.47 | 15.12 | $ 1,259,993,856.00 |
NAB | NATIONAL AUSTRALIA BANK LTD | 29.66 | 34.27 | 15.11 | $ 97,343,864,832.00 |
CVC | CVC LTD | 2.5 | 50.08 | 15.01 | $ 292,060,224.00 |
SDG | SUNLAND GROUP LTD | 2.7 | 35.39 | 14.81 | $ 369,655,680.00 |
DXC | DEXUS CONVENIENCE RETAIL REI | 3.35 | -0.81 | 14.8 | $ 466,145,728.00 |
NCK | NICK SCALI LTD | 15.17 | 67.65 | 14.59 | $ 1,228,770,048.00 |
MVF | MONASH IVF GROUP LTD | 0.94 | 25.17 | 14.57 | $ 364,308,576.00 |
FWD | FLEETWOOD LTD | 2.23 | 14.27 | 14.57 | $ 210,063,200.00 |
ACL | AUSTRALIAN CLINICAL LABS LTD | 4.34 | 14.51 | $ 875,959,616.00 | |
BKW | BRICKWORKS LTD | 22.96 | 22.9 | 14.39 | $ 3,484,769,280.00 |
GDG | GENERATION DEVELOPMENT GROUP | 1.42 | 115.2 | 14.33 | $ 264,033,920.00 |
MLX | METALS X LTD | 0.36 | 157.14 | 14.25 | $ 326,615,776.00 |
CWP | CEDAR WOODS PROPERTIES LTD | 5.72 | -4.69 | 14.13 | $ 469,771,328.00 |
SHL | SONIC HEALTHCARE LTD | 38.71 | 23.4 | 14.05 | $ 18,568,005,632.00 |
SUN | SUNCORP GROUP LTD | 11.23 | 22.8 | 13.89 | $ 14,407,715,840.00 |
GNG | GR ENGINEERING SERVICES LTD | 2.02 | 78.57 | 13.58 | $ 325,688,544.00 |
ELD | ELDERS LTD | 12.1 | 24.95 | 13.55 | $ 1,893,366,528.00 |
CNI | CENTURIA CAPITAL GROUP | 3.25 | 26.1 | 13.51 | $ 2,560,585,728.00 |
BST | BEST & LESS GROUP HOLDINGS L | 3.68 | 13.42 | $ 461,350,304.00 | |
PDL | PENDAL GROUP LTD | 6.8 | 6.45 | 13.27 | $ 2,602,209,536.00 |
NWH | NRW HOLDINGS LTD | 1.65 | -40.48 | 13.25 | $ 754,886,208.00 |
NCM | NEWCREST MINING LTD | 25.72 | 2.84 | 13.16 | $ 21,037,883,392.00 |
AVJ | AVJENNINGS LTD | 0.61 | 22.32 | 13.11 | $ 247,800,752.00 |
BOQ | BANK OF QUEENSLAND LTD | 8.63 | 19.86 | 12.97 | $ 5,530,876,928.00 |
SGM | SIMS LTD | 14.8 | 13.64 | 12.97 | $ 2,932,871,424.00 |
ANZ | AUST AND NZ BANKING GROUP | 28.07 | 30.04 | 12.89 | $ 79,201,730,560.00 |
MYS | MYSTATE LTD | 5 | 7.59 | 12.86 | $ 527,507,200.00 |
KSC | K & S CORP LTD | 1.8 | 33.93 | 12.75 | $ 235,949,984.00 |
BFG | BELL FINANCIAL GROUP LTD | 1.87 | 8.88 | 12.71 | $ 598,187,456.00 |
AFG | AUSTRALIAN FINANCE GROUP LTD | 2.41 | -4.01 | 12.6 | $ 648,600,576.00 |
SSM | SERVICE STREAM LTD | 0.87 | -49.99 | 12.36 | $ 535,879,200.00 |
PGH | PACT GROUP HOLDINGS LTD | 3.12 | 21.28 | 12.26 | $ 1,074,184,960.00 |
SXL | SOUTHERN CROSS MEDIA GROUP L | 2.23 | 1.87 | 12.25 | $ 589,197,312.00 |
MGR | MIRVAC GROUP | 2.79 | 7.53 | 12.17 | $ 11,000,044,544.00 |
GEM | G8 EDUCATION LTD | 1.11 | -6.36 | 12.13 | $ 936,366,272.00 |
BHP | BHP GROUP LTD | 36.66 | -5.6 | 11.96 | $ 181,627,568,128.00 |
CSR | CSR LTD | 5.99 | 22.13 | 11.9 | $ 2,907,442,944.00 |
SVW | SEVEN GROUP HOLDINGS LTD | 21.93 | -4.06 | 11.89 | $ 7,966,304,768.00 |
ANN | ANSELL LTD | 31.33 | -7.42 | 11.89 | $ 4,010,438,144.00 |
ABA | AUSWIDE BANK LTD | 6.67 | 19.26 | 11.76 | $ 288,919,776.00 |
UOS | UNITED OVERSEAS AUSTRALIA | 0.7 | -6.15 | 11.68 | $ 1,073,669,248.00 |
WGX | WESTGOLD RESOURCES LTD | 2.12 | -18.71 | 11.64 | $ 902,051,840.00 |
ASG | AUTOSPORTS GROUP LTD | 2.4 | 72.09 | 11.51 | $ 483,607,936.00 |
JBH | JB HI-FI LTD | 50.63 | 10.76 | 11.49 | $ 5,837,103,104.00 |
NIC | NICKEL MINES LTD | 1.03 | -3.01 | 11.44 | $ 2,603,055,104.00 |
RMS | RAMELIUS RESOURCES LTD | 1.73 | 4.03 | 11.02 | $ 1,434,935,680.00 |
GNC | GRAINCORP LTD-A | 6.68 | 61.95 | 10.96 | $ 1,528,755,584.00 |
AVG | AUSTRALIAN VINTAGE LTD | 0.84 | 44.88 | 10.88 | $ 212,216,336.00 |
BCI | BCI MINERALS LTD | 0.47 | 58.33 | 10.76 | $ 284,980,000.00 |
IGL | IVE GROUP LTD | 1.76 | 35.07 | 10.59 | $ 252,575,744.00 |
AZJ | AURIZON HOLDINGS LTD | 3.43 | -5.29 | 10.54 | $ 6,313,614,848.00 |
AMI | AURELIA METALS LTD | 0.41 | -3.49 | 10.38 | $ 512,728,864.00 |
PTM | PLATINUM ASSET MANAGEMENT | 2.91 | -24.53 | 10.33 | $ 1,707,235,584.00 |
APE | EAGERS AUTOMOTIVE LTD | 13.75 | 7.23 | 10.27 | $ 3,532,830,208.00 |
VRT | VIRTUS HEALTH LTD | 5.52 | 8.2 | 10.24 | $ 472,164,224.00 |
SHJ | SHINE JUSTICE LTD | 1.5 | 74.26 | 10.14 | $ 260,632,448.00 |
NST | NORTHERN STAR RESOURCES LTD | 10.63 | -14.59 | 10.13 | $ 12,379,816,960.00 |
ECX | ECLIPX GROUP LTD | 2.5 | 40.85 | 10.12 | $ 782,265,984.00 |
BWP | BWP TRUST | 4.12 | -4.77 | 10.06 | $ 2,646,621,184.00 |
ALK | ALKANE RESOURCES LTD | 0.94 | -1.57 | 10.03 | $ 559,848,384.00 |
MLD | MACA LTD | 0.8 | -30.44 | 10.01 | $ 273,368,672.00 |
MHJ | MICHAEL HILL INTERNATIONAL L | 1.16 | 83.6 | 9.93 | $ 450,411,040.00 |
SUL | SUPER RETAIL GROUP LTD | 13.11 | 33.87 | 9.82 | $ 2,960,585,472.00 |
GDF | GARDA PROPERTY GROUP | 1.54 | 28.94 | 9.8 | $ 351,710,528.00 |
ADH | ADAIRS LTD | 3.67 | 18.31 | 9.75 | $ 620,512,896.00 |
SGP | STOCKLAND | 4.35 | 7.01 | 9.38 | $ 10,384,196,608.00 |
BEN | BENDIGO AND ADELAIDE BANK | 9.14 | 3.41 | 9.32 | $ 5,131,918,848.00 |
LFG | LIBERTY FINANCIAL GROUP | 5.66 | -25.46 | 9.28 | $ 1,718,376,064.00 |
ARF | ARENA REIT | 4.48 | 60.61 | 9.27 | $ 1,548,289,408.00 |
NGI | NAVIGATOR GLOBAL INVESTMENTS | 1.85 | 13.37 | 9.2 | $ 373,930,208.00 |
GPT | GPT GROUP | 5.1 | 20.22 | 9.09 | $ 9,769,445,376.00 |
BPT | BEACH ENERGY LTD | 1.25 | -29.68 | 9.01 | $ 2,851,666,944.00 |
GLB | GLOBE INTERNATIONAL LTD | 7.22 | 141.37 | 9 | $ 299,368,768.00 |
MYR | MYER HOLDINGS LTD | 0.5 | 74.14 | 8.84 | $ 414,745,792.00 |
BSL | BLUESCOPE STEEL LTD | 20.74 | 21.33 | 8.83 | $ 10,334,892,032.00 |
SIG | SIGMA HEALTHCARE LTD | 0.52 | -12.79 | 8.77 | $ 550,823,744.00 |
ASB | AUSTAL LTD | 1.88 | -27.03 | 8.31 | $ 678,484,032.00 |
CDP | CARINDALE PROPERTY TRUST | 4.66 | 2.38 | 8.28 | $ 332,177,920.00 |
RFF | RURAL FUNDS GROUP | 2.84 | 14.4 | 8.14 | $ 1,083,082,752.00 |
WAF | WEST AFRICAN RESOURCES LTD | 1.38 | 32.54 | 8.07 | $ 1,364,781,952.00 |
CQR | CHARTER HALL RETAIL REIT | 4.1 | 15.47 | 8.06 | $ 2,371,355,904.00 |
APZ | ASPEN GROUP | 1.72 | 45.98 | 7.88 | $ 236,992,336.00 |
CQE | CHARTER HALL SOCIAL INFRASTR | 3.73 | 20.07 | 7.75 | $ 1,358,279,552.00 |
CGF | CHALLENGER LTD | 6.75 | 8.05 | 7.66 | $ 4,577,622,528.00 |
RRL | REGIS RESOURCES LTD | 2.14 | -39 | 7.6 | $ 1,615,222,144.00 |
HVN | HARVEY NORMAN HOLDINGS LTD | 5.1 | 15.96 | 7.55 | $ 6,354,633,728.00 |
SST | STEAMSHIPS TRADING COMPANY | 9 | -4.39 | 7.51 | $ 279,074,176.00 |
SFC | SCHAFFER CORP LTD | 20.8 | 18.45 | 7.3 | $ 285,564,768.00 |
JMS | JUPITER MINES LTD | 0.24 | -14.28 | 7.16 | $ 470,157,856.00 |
ABP | ABACUS PROPERTY GROUP | 3.54 | 30.74 | 7.16 | $ 2,944,649,728.00 |
RMC | RESIMAC GROUP LTD | 1.87 | -11.32 | 7.09 | $ 762,398,080.00 |
CMW | CROMWELL PROPERTY GROUP | 0.83 | 1.71 | 7.09 | $ 2,185,587,968.00 |
ECF | ELANOR COMMERCIAL PROPERTY F | 1.09 | 10.76 | 7.07 | $ 306,707,936.00 |
KSL | KINA SECURITIES LTD | 0.83 | 0.57 | 7.04 | $ 238,156,800.00 |
HPI | HOTEL PROPERTY INVESTMENTS | 3.52 | 11.6 | 7.01 | $ 677,950,784.00 |
MGX | MOUNT GIBSON IRON LTD | 0.38 | -56.68 | 7 | $ 466,068,704.00 |
LGL | LYNCH GROUP HOLDINGS LTD | 3.45 | 6.82 | $ 421,128,096.00 | |
SCP | SHOPPING CENTRES AUSTRALASIA | 2.78 | 13.23 | 6.48 | $ 3,086,337,024.00 |
DDH | DDH1 LTD | 1.16 | 6.41 | $ 397,653,440.00 | |
SFR | SANDFIRE RESOURCES LTD | 5.78 | 21.76 | 6.4 | $ 2,369,695,232.00 |
HUM | HUMM GROUP LTD | 0.81 | -27.56 | 6.35 | $ 403,643,680.00 |
PWR | PETER WARREN AUTOMOTIVE HOLD | 3.17 | 6.32 | $ 527,980,000.00 | |
ADI | DEXUS INDUSTRIA REIT | 3.31 | 22.48 | 6.29 | $ 1,056,428,096.00 |
LEP | ALE PROPERTY GROUP | 5.54 | 24.06 | 6.14 | $ 1,110,530,816.00 |
EZL | EUROZ LTD | 1.75 | 24.34 | 6.02 | $ 345,768,768.00 |
PPM | PEPPER MONEY LTD/AU | 2.35 | 5.95 | $ 1,032,838,912.00 | |
MIN | MINERAL RESOURCES LTD | 39.19 | 10.76 | 5.82 | $ 7,401,039,872.00 |
GOZ | GROWTHPOINT PROPERTIES AUSTR | 4.09 | 20.08 | 5.7 | $ 3,157,713,152.00 |
RIO | RIO TINTO LTD | 89.14 | -13.2 | 5.6 | $ 134,603,382,784.00 |
AIS | AERIS RESOURCES LTD | 0.17 | 70 | 5.32 | $ 379,076,992.00 |
MAH | MACMAHON HOLDINGS LTD | 0.19 | -26.02 | 5.17 | $ 409,447,296.00 |
WPRDA | WAYPOINT REIT | 2.65 | 1.39 | 4.94 | $ 1,916,248,704.00 |
TBR | TRIBUNE RESOURCES LTD | 4.77 | -17.15 | 4.93 | $ 250,272,720.00 |
VGI | VGI PARTNERS LTD | 4.51 | -43.24 | 4.82 | $ 314,825,824.00 |
AVN | AVENTUS GROUP | 3.39 | 29.38 | 4.69 | $ 1,934,772,352.00 |
CLW | CHARTER HALL LONG WALE REIT | 4.77 | 7.74 | 4.29 | $ 3,025,309,184.00 |
IAP | IRONGATE GROUP | 1.6 | 29.98 | 4.26 | $ 1,032,498,688.00 |
CBO | COBRAM ESTATE OLIVES LTD | 2 | 3.69 | $ 772,936,000.00 | |
FMG | FORTESCUE METALS GROUP LTD | 15.45 | -21.81 | 3.37 | $ 47,570,006,016.00 |
CIP | CENTURIA INDUSTRIAL REIT | 3.66 | 22.78 | 3.23 | $ 2,316,463,360.00 |
ZIM | ZIMPLATS HOLDINGS LTD | 23.19 | 92.29 | 3.23 | $ 2,496,116,992.00 |
SWM | SEVEN WEST MEDIA LTD | 0.63 | 90.91 | 3.05 | $ 994,686,976.00 |
GRR | GRANGE RESOURCES LTD | 0.58 | 111.59 | 1.96 | $ 671,256,448.00 |
The ASX stock with the highest P/E ratio is high end fashion outlet Cettire (ASX:CTT) with a P/E ratio of over 3,000.
Cettire listed at the back end of last year at only 50 cents and is now over $4 which capitalises the business at well over $1.6 billion. While its revenue soared in FY21 and beat prospectus estimates, it is still only $92.4 million and it made a net loss of $251,000.
A significant portion of the top 50 businesses are tech businesses including Altium (ASX:ALU), WiseTech (ASX:WTC), Class (ASX:CL1), Hub 24 (ASX:HUB) and NetWealth (ASX:NWL).
Other stocks with high P/E ratios right now include Adore Beauty (ASX:ABY), Kogan (ASX:KGN) and Australian Ethical (ASX:AEF).
On the flip side, stocks with lower P/E ratios include property stocks, industrials and financials (other than the banks).
Examples include Humm (ASX:HUM), Peter Warren (ASX:PWR), Pepper Money (ASX:PPM), Kina Securities (ASX:KSL) and DDH1 (ASX:DDH).