Westpac Banking (Westpac Banking) Market Cap : $52,045 Mil (As of Apr. 26, 2024)

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What is Westpac Banking Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Westpac Banking's share price for the quarter that ended in Sep. 2023 was $0. Westpac Banking's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 3,664 Mil. Therefore, Westpac Banking's market cap for the quarter that ended in Sep. 2023 was $0 Mil.

Westpac Banking's annual market cap declined from Sep. 2021 ($67,898 Mil) to Sep. 2022 ($0 Mil) but then stayed the same from Sep. 2022 ($0 Mil) to Sep. 2023 ($0 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Westpac Banking's Enterprise Value for Today is $109,413 Mil.

Westpac Banking Market Cap Historical Data

The historical data trend for Westpac Banking's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Westpac Banking Market Cap Chart

Westpac Banking Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Market Cap

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69,763.70

43,429.48

67,898.18

Westpac Banking Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Market Cap	Get a 7-Day Free Trial															67,898.18	-	-	-	-

Competitive Comparison of Westpac Banking's Market Cap

For the Banks - Diversified subindustry, Westpac Banking's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Westpac Banking's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Westpac Banking's Market Cap distribution charts can be found below:

* The bar in red indicates where Westpac Banking's Market Cap falls into.

Westpac Banking Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Westpac Banking's Market Cap for the fiscal year that ended in Sep. 2023 is calculated as

Market Cap (A: Sep. 2023 )	=	Share Price (A: Sep. 2023 )	*	Shares Outstanding (EOP) (A: Sep. 2023 )
	=	$0	*	3664.23
	=	$

Westpac Banking's Market Cap for the quarter that ended in Sep. 2023 is calculated as

Market Cap (Q: Sep. 2023 )	=	Share Price (Q: Sep. 2023 )	*	Shares Outstanding (EOP) (Q: Sep. 2023 )
	=	$0	*	3664.23
	=	$0

Westpac Banking (NYSE:WBK) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

Westpac Banking Market Cap Related Terms

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Westpac Banking (Westpac Banking) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Westpac Banking Corp (NYSE:WBK) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

WEBNF:USA WBC:New Zealand WBC:Germany WBCPL.PFD:Australia WBCPK.PFD:Australia WBCPJ.PFD:Australia WBCPI.PFD:Australia WBCPH.PFD:Australia WBCPG.PFD:Australia WBCPF.PFD:Australia WBC:Australia

Address

275 Kent Street, Sydney, NSW, AUS, 2000

Website

https://www.westpac.com.au

Westpac is Australia's oldest bank and financial services group, with a significant franchise in Australia and New Zealand in the consumer, small business, corporate, and institutional sectors, in addition to its major presence in wealth management. Westpac is among a handful of banks around the globe currently retaining very high credit ratings. The bank benefits from a large national branch network and significant market share, particularly in home loans and retail deposits.