As of 2026-04-02, the Relative Valuation of Westpac Banking Corp (WBC.AX) is 36.28 AUD. This relative valuation is based on P/E multiples. With the latest stock price at 40.06 AUD, the upside of Westpac Banking Corp based on Relative Valuation is -9.4%.
The range of the Relative Valuation is 32.60 - 39.26 AUD.
| Range | Selected | |
| Trailing P/E multiples | 16.1x - 18.8x | 17.5x |
| Forward P/E multiples | 16.5x - 18.5x | 17.5x |
| Fair Price | 32.60 - 39.26 | 36.28 |
| Upside | -18.6% - -2.0% | -9.4% |
| Date | P/E |
| 2026-03-31 | 19.56 |
| 2026-03-30 | 19.34 |
| 2026-03-27 | 20.15 |
| 2026-03-26 | 19.98 |
| 2026-03-25 | 19.97 |
| 2026-03-24 | 19.73 |
| 2026-03-23 | 20.02 |
| 2026-03-20 | 20.17 |
| 2026-03-19 | 20.36 |
| 2026-03-18 | 20.53 |
| 2026-03-17 | 20.46 |
| 2026-03-16 | 20.26 |
| 2026-03-13 | 20.27 |
| 2026-03-12 | 19.90 |
| 2026-03-11 | 20.29 |
| 2026-03-10 | 20.12 |
| 2026-03-09 | 19.65 |
| 2026-03-06 | 20.18 |
| 2026-03-05 | 20.53 |
| 2026-03-04 | 20.24 |
| 2026-03-03 | 20.63 |
| 2026-03-02 | 20.67 |
| 2026-02-27 | 21.09 |
| 2026-02-26 | 21.17 |
| 2026-02-25 | 21.19 |
| 2026-02-24 | 20.99 |
| 2026-02-23 | 20.75 |
| 2026-02-20 | 20.89 |
| 2026-02-19 | 20.76 |
| 2026-02-18 | 20.12 |
| 2026-02-17 | 20.13 |
| 2026-02-16 | 20.04 |
| 2026-02-13 | 19.98 |
| 2026-02-12 | 20.28 |
| 2026-02-11 | 19.92 |
| 2026-02-10 | 19.37 |
| 2026-02-09 | 19.79 |
| 2026-02-06 | 19.44 |
| 2026-02-05 | 19.78 |
| 2026-02-04 | 19.73 |
| 2026-02-03 | 19.45 |
| 2026-02-02 | 19.24 |
| 2026-01-30 | 19.30 |
| 2026-01-29 | 19.06 |
| 2026-01-28 | 19.22 |
| 2026-01-27 | 19.30 |
| 2026-01-23 | 19.13 |
| 2026-01-22 | 19.25 |
| 2026-01-21 | 18.84 |
| 2026-01-20 | 19.08 |