I had a few spare minutes so did a quick comparison of HBL with Australian listed banks.
P/E from ASB site
Operating Profit (ebit) from 4 traders
Looks like HBL now fairly priced as noted by some earlier comments.
Hopefully I have completed this correctly - feedback welcome :-)
|
|
P/E |
2018 EBIT |
2020 EBIT |
2 year growth % |
PEG |
Australia and New Zealand Banking Group |
ANZ |
12.06 |
10831 |
11444 |
3% |
4.26 |
Australian Finance Group |
AFG |
7.63 |
46.2 |
57.7 |
12% |
0.61 |
Auswide Bank Limited |
ABA |
14.09 |
25.2 |
28.4 |
6% |
2.22 |
Bank of Queensland Limited |
BOQ |
11.88 |
589 |
623 |
3% |
4.12 |
Bendigo and Adelaide Bank Limited |
BEN |
10.39 |
692 |
722 |
2% |
4.79 |
Commonwealth Bank of Australia |
CBA |
12.67 |
14619 |
15723 |
4% |
3.36 |
Cybg Plc |
CYB |
17.77 |
354 |
466 |
16% |
1.12 |
Genworth Mortgage Assurance Australia Limited |
GMA |
7.61 |
176 |
207 |
9% |
0.86 |
Goldfields Money Limited |
GMY |
-123.11 |
|
|
#DIV/0! |
#DIV/0! |
Homeloans Limited |
HOM |
10.41 |
|
|
#DIV/0! |
#DIV/0! |
Mortgage Choice Limited |
MOC |
9.8 |
33.8 |
31.3 |
-4% |
-2.65 |
Mystate Limited |
MYS |
13.99 |
46.5 |
51 |
5% |
2.89 |
N1 Holdings Limited |
N1H |
-6.52 |
|
|
#DIV/0! |
#DIV/0! |
National Australia Bank Limited |
NAB |
14.64 |
9361 |
11035 |
9% |
1.64 |
Westpac Banking Corporation |
WBC |
12.08 |
12368 |
13560 |
5% |
2.51 |
Heartland Bank Limited |
HBL |
14.46 |
101 |
122 |
10% |
1.39 |