Question

The following table shows the relevant statistics for several firms in the banking and financial sector in Australia. Calculate the share price of ANZ Group using the relative valuation approach based on the data below.A ASX code Earnings Number of shares Share Price End of outstanding Period 2021 NAB NAB.AX $ 6,810 million 3,180 million $27.13 CBA CBA.AX $ 9,830 million 1,700 million $93.74 Westpac WBC.AX $ 5,290 million 3,500 million $20.30 ASX ASX.AX $ 489.4 million 193.6 million $83.19 Magellan MFG.AX $314.5 million 185.1 million $18.61 Financial QBE Insurance QBE.AX $ 700 million 1,480 million $11.13 ANZ Group ANZ.AX $6,760 million 2,800 million $26.53

          The following table shows the relevant statistics for several firms in the banking and financial
sector in Australia. Calculate the share price of ANZ Group using the relative valuation approach
based on the data below.A
ASX code
Earnings
Number of shares Share Price End of
outstanding
Period 2021
NAB
NAB.AX
$ 6,810 million
3,180 million
$27.13
CBA
CBA.AX
$ 9,830 million
1,700 million
$93.74
Westpac
WBC.AX
$ 5,290 million
3,500 million
$20.30
ASX
ASX.AX
$ 489.4 million
193.6 million
$83.19
Magellan
MFG.AX
$314.5 million
185.1 million
$18.61
Financial
QBE Insurance
QBE.AX
$ 700 million
1,480 million
$11.13
ANZ Group
ANZ.AX
$6,760 million
2,800 million
$26.53

The following table shows the relevant statistics for several firms in the banking and financial
sector in Australia. Calculate the share price of ANZ Group using the relative valuation approach
based on the data below.A
ASX code
Earnings
Number of shares Share Price End of
outstanding
Period 2021
NAB
NAB.AX
6,810 million
3,180 million27.13
CBA
CBA.AX
9,830 million
1,700 million93.74
Westpac
WBC.AX
5,290 million
3,500 million20.30
ASX
ASX.AX
489.4 million
193.6 million83.19
Magellan
MFG.AX
314.5 million
185.1 million18.61
Financial
QBE Insurance
QBE.AX
700 million
1,480 million11.13
ANZ Group
ANZ.AX
6,760 million
2,800 million26.53

Added by Jorge M.

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