Commonwealth Bank of Australia Ratios | P/E, ROE & Valuation

On the Key Ratios page for Commonwealth Bank of Australia (CBA), the latest P/E of 28.1 frames valuation, while ROE 13.27% and ROIC 2.59% indicates profitability and capital efficiency. Together with the current ratio of 0.09 and debt-to-equity 2.69, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

CBA Historical Per Share Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Revenue per Share$54.26$41.71$39.17$28.73$16.32$16.58$19.90$22.40$22.78$23.18
Net Income per Share$6.19$6.05$5.62$5.92$6.21$5.75$5.43$4.85$5.34$5.77
Operating Cash Flow per Share$13.91$-0.49$5.33$4.94$12.58$7.51$0.68$6.53$9.62$-0.41
Free Cash Flow per Share$-28.62$-1.47$5.09$4.01$12.01$7.08$-0.20$6.17$9.06$-1.05
Cash per Share$53.77$33.20$28.76$63.91$69.87$49.99$28.63$22.46$18.64$20.07
Book Value per Share$46.19$47.11$43.69$42.39$42.30$44.43$40.69$39.46$38.87$37.01
Tangible Book Value per Share$41.23$42.28$39.14$38.01$38.29$40.51$36.79$34.95$33.66$31.18
Interest Debt per Share$147.99$153.90$134.43$108.27$90.84$82.77$112.53$126.21$121.35$117.68
CAPEX per Share$13.91$0.98$0.24$0.93$0.57$0.43$0.87$0.36$0.56$0.64

CBA Historical Valuation Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Price to Earnings (P/E)28.1130.5422.4816.9514.5617.3712.816.9613.6414.35
Price to Book (P/B)3.773.922.892.372.142.251.712.091.892.26
Price to Sales (P/S)3.214.433.223.495.546.023.493.673.23.57
Enterprise Value to EBITDA26.6329.4522.8814.4612.3216.6523.3226.7921.4920.29
EV to Sales4.56.735.344.596.657.888.367.327.42
EV to Operating Cash Flow17.56-569.2539.2326.728.6317.22235.828.6817.33-414.83
EV to Free Cash Flow-8.54-190.8341.0832.99.0418.27-816.0730.3618.4-163.41
Enterprise Value$408.53B$469.63B$349.71B$223.00B$186.92B$229.11B$281.54B$330.58B$290.97B$295.78B

CBA Historical Profitability Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Return on Equity (ROE)13.27%12.84%12.85%13.96%14.68%12.94%13.33%12.31%13.86%15.73%
Return on Invested Capital (ROIC)2.59%2.01%2.71%2.72%2.54%2.63%2.32%2.34%2.50%2.72%
Return on Tangible Assets0.74%0.75%0.75%0.80%0.88%0.94%0.95%0.88%0.97%1.03%
Earnings Yield3.56%3.27%4.45%5.90%6.87%5.76%7.82%5.90%7.33%6.97%
Free Cash Flow Yield-16.44%-0.80%4.03%4.00%13.29%7.09%-0.28%7.49%12.43%-1.27%
Dividend Yield2.84%2.57%3.61%4.20%4.20%2.34%6.22%4.72%4.22%4.27%

CBA Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202520242023202220212020201920182017
Current Ratio0.090.060.060.130.150.120.060.060.050.06
Interest Coverage0.380.350.360.662.822.130.90.690.790.85
Income Quality2.2400.940.822.241.50.161.4300
Debt to Equity2.692.742.552.262.081.792.612.962.912.96
Debt to Assets14.73%15.97%14.89%12.90%12.47%12.89%18.45%21.12%20.11%19.13%
Net Debt to EBITDA7.6610.089.073.472.063.813.1515.0212.0910.52

CBA Historical Efficiency Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Receivables Turnover014.2412.9611.0311.3311.468.857.25.033.57
Payables Turnover03.593.32.20.891.844.13.652.843.21
Inventory Turnover0000000000
Days Sales Outstanding025.6428.1633.0832.2231.8441.2450.772.61102.16
Days Payables Outstanding0101.6110.65165.66411.65198.489.01100.07128.37113.77
Days of Inventory on Hand0000000000

CBA Historical Market Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Enterprise Value to EBITDA26.6329.4522.8814.4612.3216.6523.3226.7921.4920.29
Market Cap$291.00B$308.90B$211.13B$169.46B$155.63B$176.87B$122.73B$145.29B$127.23B$142.43B
Enterprise Value$408.53B$469.63B$349.71B$223.00B$186.92B$229.11B$281.54B$330.58B$290.97B$295.78B
Dividend Yield2.84%2.57%3.61%4.20%4.20%2.34%6.22%4.72%4.22%4.27%
Payout Ratio78.42%78.58%81.15%71.18%61.13%40.59%79.54%80.00%57.52%61.28%

Frequently Asked Questions

How does Commonwealth Bank of Australia’s P/E ratio compare with its history?

On this page, CBA's current P/E is 28.1, compared with a multi-year average around 18.8. A higher P/E versus its own history is a calculated premium versus that average—not a conclusion that the stock is expensive. Cross-check profitability (ROE/ROIC), liquidity (current ratio), and leverage (debt-to-equity) so the multiple is read with those published figures.

What is Commonwealth Bank of Australia market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $291.00B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does Commonwealth Bank of Australia’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with Commonwealth Bank of Australia's own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does Commonwealth Bank of Australia compare to its competitors in key financial ratios?

The fastest way to compare Commonwealth Bank of Australia with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Commonwealth Bank of Australia outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Commonwealth Bank of Australia's liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Commonwealth Bank of Australia is financially strong. Current ratio is about 0.09, which is below 1.0 and can suggest tighter short-term liquidity. Interest coverage is about 0.38, implying less buffer for servicing interest costs. Debt-to-equity is about 2.69, suggesting higher leverage than a low-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do Commonwealth Bank of Australia's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Commonwealth Bank of Australia is sustaining strong returns (for example ROE at 13.27% and ROIC at 2.59%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.